Heartland Express Market Risk Adjusted Performance

HLX Stock  EUR 10.80  0.30  2.70%   
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Heartland Express has current Market Risk Adjusted Performance of 0.1157.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.1157
ER[a] = Expected return on investing in Heartland Express
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Heartland Express Market Risk Adjusted Performance Peers Comparison

Heartland Market Risk Adjusted Performance Relative To Other Indicators

Heartland Express is rated # 5 in market risk adjusted performance category among its peers. It is rated # 3 in maximum drawdown category among its peers reporting about  98.99  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Heartland Express is roughly  98.99 
Compare Heartland Express to Peers

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