NexMetals Mining Market Risk Adjusted Performance
| NEXM Stock | | | 2.93 -0.20 -6.39% |
NexMetals Mining market risk adjusted performance lookup summarizes this and related technical indicators for NexMetals Mining Corp. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. NexMetals Mining has a market cap of 111.09 M, ROE of -3.92%. Use
Correlation Analysis to explore allocation context. This includes a position in NexMetals Mining Corp within the portfolio mix. 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.
NexMetals Mining Corp has current Market Risk Adjusted Performance of
-1.06.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -1.06 | |
| ER[a] | = | Expected return on investing in NexMetals Mining |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
NexMetals Mining Market Risk Adjusted Performance Peers Comparison
NexMetals Market Risk Adjusted Performance Relative To Other Indicators
NexMetals Mining 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 .
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