Noram Lithium Market Risk Adjusted Performance
| NRM Stock | | | CAD 0.16 0.02 14.29% |
Historical market data for Noram Lithium Corp forms the basis of the Market Risk Adjusted Performance indicator shown here. The calculation draws on time-series market data across available periods. Noram Lithium has a market cap of 14.31 M, ROE of -42.99%.
Correlation Analysis adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. This view summarizes available data without implying outcomes. The allocation shows a weighting toward Noram Lithium Corp. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. This summary reflects available observations without forecasting intent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Noram Lithium Corp has current Market Risk Adjusted Performance of
-0.45.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.45 | |
| ER[a] | = | Expected return on investing in Noram Lithium |
| 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
Noram Lithium Corp is rated
below average for market risk adjusted performance across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
Other Technical Indicators