Norsemont Mining Market Risk Adjusted Performance
| NRRSF Stock | | | USD 0.97 -0.06 -5.83% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Norsemont Mining. Availability may differ across exchanges, markets, and reporting intervals.
Norsemont Mining has current Market Risk Adjusted Performance of 0.5148.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5148 | |
| ER[a] | = | Expected return on investing in Norsemont Mining |
| 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
Norsemont Mining ranks
third among pink sheets in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
49.78 Maximum Drawdown per unit of Market Risk Adjusted Performance. Norsemont Mining carries a
49.78 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
Other Technical Indicators