Hovnanian Enterprises Risk Adjusted Performance

HOVNP Preferred Stock  USD 17.69  0.06  0.34%   
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Hovnanian Enterprises PFD has current Risk Adjusted Performance of 0.0198.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0198
ER[a] = Expected return on investing in Hovnanian Enterprises
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Hovnanian Enterprises Risk Adjusted Performance Peers Comparison

Hovnanian Risk Adjusted Performance Relative To Other Indicators

Hovnanian Enterprises PFD is one of the top stocks in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  123.68  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Hovnanian Enterprises PFD is roughly  123.68 
Compare Hovnanian Enterprises to Peers

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