New Providence Market Risk Adjusted Performance

NPABWDelisted Stock  USD 0.04  0.00  0.00%   
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New Providence Acquisition has current Market Risk Adjusted Performance of 0.1184.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.1184
ER[a] = Expected return on investing in New Providence
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

New Providence Market Risk Adjusted Performance Peers Comparison

New Market Risk Adjusted Performance Relative To Other Indicators

New Providence 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  748.11  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for New Providence Acquisition is roughly  748.11 

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