Newmont Goldcorp Market Risk Adjusted Performance
| NEM Stock | | | USD 111.05 0.01 0.01% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Newmont Goldcorp Corp. Technical inputs may vary across markets and data providers.
Newmont Goldcorp Corp has current Market Risk Adjusted Performance of 0.1987.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1987 | |
| ER[a] | = | Expected return on investing in Newmont Goldcorp |
| 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
Newmont Goldcorp Corp is rated
below average in market risk adjusted performance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
85.38 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Newmont Goldcorp Corp sits at
85.38 Other Technical Indicators