Avidity Biosciences Risk Adjusted Performance

RNA Stock  USD 43.33  0.47  1.07%   
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Avidity Biosciences has current Risk Adjusted Performance of 0.0218.

RAP

 = 

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

RFR

 = 
0.0218
ER[a] = Expected return on investing in Avidity Biosciences
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Avidity Biosciences Risk Adjusted Performance Peers Comparison

Avidity Risk Adjusted Performance Relative To Other Indicators

Avidity Biosciences is rated below average in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,282  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Avidity Biosciences is roughly  1,282 
Compare Avidity Biosciences to Peers

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