Covalon Technologies Market Risk Adjusted Performance

COV Stock  CAD 3.65  0.05  1.35%   
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Covalon Technologies has current Market Risk Adjusted Performance of (0.34).

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
(0.34)
ER[a] = Expected return on investing in Covalon Technologies
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Covalon Technologies Market Risk Adjusted Performance Peers Comparison

Covalon Market Risk Adjusted Performance Relative To Other Indicators

Covalon Technologies is rated second in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
Compare Covalon Technologies to Peers

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