Mkango Resources Market Risk Adjusted Performance
| MKNGF Stock | | | USD 0.35 -0.35 -50.00% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Mkango Resources. Availability may differ across exchanges, markets, and reporting intervals.
Mkango Resources has current Market Risk Adjusted Performance of 1.12.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.12 | |
| ER[a] | = | Expected return on investing in Mkango Resources |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Mkango Resources ranks
second among pink sheets in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
214.08 Maximum Drawdown per unit of Market Risk Adjusted Performance. Mkango Resources carries a
214.08 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
Other Technical Indicators