| CNQ Stock | | | USD 76.90 0.17 0.22% |
Canadian Natural market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Canadian Natural Resources 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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Canadian Natural Resources has current Market Risk Adjusted Performance of 0.3446.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.3446 | |
| ER[a] | = | Expected return on investing in Canadian Natural |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Canadian Natural Market Risk Adjusted Performance Peers Comparison
Canadian Market Risk Adjusted Performance Relative To Other Indicators
Canadian Natural Resources is rated
below average in market risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about
23.69 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Canadian Natural Resources is roughly
23.69
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