| NOVV Stock | | | USD 37.00 0.00 0.00% |
Nova Vision market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Nova Vision Acquisition 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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Nova Vision Acquisition has current Market Risk Adjusted Performance of 2.4.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 2.4 | |
| ER[a] | = | Expected return on investing in Nova Vision |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Nova Vision Market Risk Adjusted Performance Peers Comparison
Nova Market Risk Adjusted Performance Relative To Other Indicators
Nova Vision Acquisition is regarded
second in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
83.42 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Nova Vision Acquisition is roughly
83.42
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