Nova Risk Adjusted Performance

NVMI Stock  ILA 64,990  70.00  0.11%   
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Nova has current Risk Adjusted Performance of 0.1153.

RAP

 = 

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

RFR

 = 
0.1153
ER[a] = Expected return on investing in Nova
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Nova Risk Adjusted Performance Peers Comparison

Nova Risk Adjusted Performance Relative To Other Indicators

Nova is considered to be number one stock in risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  158.03  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Nova is roughly  158.03 
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