MEG Energy Market Risk Adjusted Performance

MEG Stock  CAD 30.85  0.09  0.29%   
MEG Energy market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for MEG Energy Corp 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
  
MEG Energy Corp has current Market Risk Adjusted Performance of 0.5425.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.5425
ER[a] = Expected return on investing in MEG Energy
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

MEG Energy Market Risk Adjusted Performance Peers Comparison

MEG Market Risk Adjusted Performance Relative To Other Indicators

MEG Energy Corp is considered to be number one stock in market risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  15.12  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for MEG Energy Corp is roughly  15.12 
Compare MEG Energy to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas