LumiraDx Market Risk Adjusted Performance

LMDXDelisted Stock  USD 0.02  0.01  24.17%   
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LumiraDx has current Market Risk Adjusted Performance of 0.3387.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.3387
ER[a] = Expected return on investing in LumiraDx
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

LumiraDx Market Risk Adjusted Performance Peers Comparison

LumiraDx Market Risk Adjusted Performance Relative To Other Indicators

LumiraDx is rated second overall in market risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  229.64  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for LumiraDx is roughly  229.64 

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