Envela Corp Market Risk Adjusted Performance

ELA -  USA Stock  

USD 7.10  0.47  7.09%

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Envela Corp has current Market Risk Adjusted Performance of 0.643.
MRAP 
 = 
ER[a] + (1/BETA - 1) 
ER[a] - RFR) 
 = 
0.643
ER[a] = Expected return on investing in Envela Corp
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Envela Corp Market Risk Adjusted Performance Peers Comparison

Envela Market Risk Adjusted Performance Relative To Other Indicators

Envela Corp is one of the top stocks in market risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  26.76  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Envela Corp is roughly  26.76 
Compare Envela Corp to Peers

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