Tenax Therapeutics Risk Adjusted Performance

TENX Stock  USD 5.36  0.03  0.56%   
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Tenax Therapeutics has current Risk Adjusted Performance of 0.1328.

RAP

 = 

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

RFR

 = 
0.1328
ER[a] = Expected return on investing in Tenax Therapeutics
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Tenax Therapeutics Risk Adjusted Performance Peers Comparison

Tenax Risk Adjusted Performance Relative To Other Indicators

Tenax Therapeutics is rated second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  141.42  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Tenax Therapeutics is roughly  141.42 
Compare Tenax Therapeutics to Peers

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