Nationwide Bny Market Risk Adjusted Performance

NWAOX Fund  USD 39.40  0.14  0.35%   
Nationwide Bny market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Nationwide Bny Mellon 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 Equity Screeners to view more equity screening tools
  
Nationwide Bny Mellon has current Market Risk Adjusted Performance of 0.0779.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.0779
ER[a] = Expected return on investing in Nationwide Bny
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Nationwide Bny Market Risk Adjusted Performance Peers Comparison

Nationwide Market Risk Adjusted Performance Relative To Other Indicators

Nationwide Bny Mellon is rated below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  56.78  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Nationwide Bny Mellon is roughly  56.78 
Compare Nationwide Bny to Peers

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