| A1AP34 Stock | | | BRL 16.90 0.04 0.24% |
Advance Auto market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Advance Auto Parts or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Advance Auto Parts has current Market Risk Adjusted Performance of 0.7924.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.7924 | |
| ER[a] | = | Expected return on investing in Advance Auto |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Advance Auto Market Risk Adjusted Performance Peers Comparison
Advance Market Risk Adjusted Performance Relative To Other Indicators
Advance Auto Parts is rated
third in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
17.46 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Advance Auto Parts is roughly
17.46
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