Nextracker Risk Adjusted Performance

NXT Stock   55.81  0.51  0.91%   
Nextracker risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Nextracker Class A 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 Equity Screeners to view more equity screening tools
  
Nextracker Class A has current Risk Adjusted Performance of 0.0162.

RAP

 = 

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

RFR

 = 
0.0162
ER[a] = Expected return on investing in Nextracker
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Nextracker Risk Adjusted Performance Peers Comparison

Nextracker Risk Adjusted Performance Relative To Other Indicators

Nextracker Class A is regarded third in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,083  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Nextracker Class A is roughly  1,083 
Compare Nextracker to Peers

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