Northern Dynasty Total Risk Alpha
| NAK Stock | | | USD 1.27 0.13 11.40% |
Technical inputs supporting the Total Risk Alpha indicator for Northern Dynasty Minerals are shown here. Values are derived from historical price and volume observations. Northern Dynasty has a market cap of 630.59 M, current ratio of 4.46. See
Correlation Analysis for additional portfolio context. Tracking Northern Dynasty Minerals in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Northern Dynasty Minerals's company valuation — related indicators include
signals in nation.
Northern Dynasty Minerals has current Total Risk Alpha of
-0.003. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.003 | |
| ER[a] | = | Expected return on investing in Northern Dynasty |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Northern Dynasty |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Northern Dynasty Minerals is rated
below average for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Northern Dynasty to Peers
Other Technical Indicators