GoldMining Market Risk Adjusted Performance
| GLDG Stock | | | USD 1.39 -0.10 -6.71% |
This technical indicator view for Market Risk Adjusted Performance organizes signals for GoldMining and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. GoldMining has a market cap of 297.12 M, ROE of -8.89%.
Risk vs Return Analysis can help frame allocation decisions. This reflects a position in GoldMining within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
For more information on how to buy GoldMining Stock please use our
How to Buy GoldMining Stock guide.
GoldMining has current Market Risk Adjusted Performance of 0.1107.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1107 | |
| ER[a] | = | Expected return on investing in GoldMining |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
GoldMining Market Risk Adjusted Performance Peers Comparison
GoldMining Market Risk Adjusted Performance Relative To Other Indicators
GoldMining is rated
below average in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
257.49 Maximum Drawdown per unit of Market Risk Adjusted Performance. GoldMining carries a
257.49 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
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