PRECISION DRILLING Risk Adjusted Performance

PRE1 Stock  EUR 61.50  0.50  0.82%   
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PRECISION DRILLING P has current Risk Adjusted Performance of 0.0555.

RAP

 = 

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

RFR

 = 
0.0555
ER[a] = Expected return on investing in PRECISION DRILLING
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

PRECISION DRILLING Risk Adjusted Performance Peers Comparison

PRECISION Risk Adjusted Performance Relative To Other Indicators

PRECISION DRILLING P is rated below average in risk adjusted performance category among its peers. It is regarded fourth in maximum drawdown category among its peers reporting about  244.86  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for PRECISION DRILLING P is roughly  244.86 
Compare PRECISION DRILLING to Peers

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