Volar score definition
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Hi @@Definedge-Experts , @Prashant-Shah
Please share the definition of Volar score, I am not able to find any details on your site
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Hi @Definedge @Definedge @@Definedge-Experts @Prashant-Shah
Please can you respond to my query, thanks
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The VOLAR score, or Volatility-Adjusted Return, is a metric used to evaluate the performance of an investment by adjusting its returns for volatility. This score helps investors compare the risk-adjusted performance of different assets or portfolios.
The VOLAR score is calculated by dividing the return of an investment by its volatility, which is typically measured as the standard deviation of returns.
Volar Score = Return/Volatility
A higher VOLAR score indicates better performance on a risk-adjusted basis, meaning the investment provides higher returns for a given level of risk.
This metric is useful for investors who want to assess not just the absolute returns of an investment but how those returns compare to the risk taken to achieve them.
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Please provide clarity on VOLAR. I ran the scan and got the following list for MIP-12 template
Here some of the stocks had +ve last 252d roc still their VOLAR is -ve eg - ashokley. Please pick any 1 stock and explain the formula of VOLAR especially -ve vaule ones. Thanks
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@Brijesh-Bhatia Please reply