Apple Market Risk Adjusted Performance

Apple Inc has current Market Risk Adjusted Performance of 0.2022.
Apple 
MRAP 
 = 
ER[a] + (1/BETA - 1) 
ER[a] - RFR) 
 = 
0.2022
ER[a] =   Expected return on investing in Apple
RFR =   Risk Free Rate of return. Typically T-Bill Rate
BETA =   Beta of the asset with market or selected benchmark.

Market Risk Adjusted Performance Comparison

Apple Inc is rated third in market risk adjusted performance category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  15.72  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Apple Inc is roughly  15.72 
Compare Apple to competition
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
NameApple Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100,378331003
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating