| NOL Stock | | | NOK 7.46 0.28 3.62% |
Northern Ocean market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Northern Ocean 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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Northern Ocean has current Market Risk Adjusted Performance of 1.89.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.89 | |
| ER[a] | = | Expected return on investing in Northern Ocean |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Northern Ocean Market Risk Adjusted Performance Peers Comparison
Northern Market Risk Adjusted Performance Relative To Other Indicators
Northern Ocean is regarded
third in market risk adjusted performance category among its peers. It is regarded
third in maximum drawdown category among its peers reporting about
10.20 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Northern Ocean is roughly
10.20
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