NextSource Materials Market Risk Adjusted Performance
| NEXT Stock | | | CAD 0.28 0.02 7.69% |
The Market Risk Adjusted Performance indicator for NextSource Materials is constructed from normalized market data. All inputs reflect available trading data across supported markets. NextSource Materials has a market cap of 67.21 M, operating margin of -56.51%, current ratio of 1.48.
Correlation Analysis adds portfolio-level perspective. Portfolio analysis tools can evaluate how NextSource Materials fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence NextSource Materials's company valuation — related indicators include
signals in inflation.
NextSource Materials has current Market Risk Adjusted Performance of
-0.08.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.08 | |
| ER[a] | = | Expected return on investing in NextSource Materials |
| 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
NextSource Materials 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 .
Other Technical Indicators