Magic Software Market Risk Adjusted Performance

MGIC Stock  ILA 4,400  66.00  1.48%   
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Magic Software Enterprises has current Market Risk Adjusted Performance of (0.84).

MRAP

 = 

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

X

ER[a] - RFR)

 = 
(0.84)
ER[a] = Expected return on investing in Magic Software
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Magic Software Market Risk Adjusted Performance Peers Comparison

Magic Market Risk Adjusted Performance Relative To Other Indicators

Magic Software Enterprises 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 .
Compare Magic Software to Peers

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