Perseus Mining Total Risk Alpha
| PMNXF Stock | | | USD 3.84 -0.11 -2.78% |
Perseus Mining total risk alpha lookup summarizes this and related technical indicators for Perseus Mining Limited. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Perseus Mining has a market cap of 1.81 B, operating margin of 24.29%, ROE of 20.73%. Use
Your Equity Center to explore allocation context. This includes a position in Perseus Mining Limited 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.
Perseus Mining Limited has current Total Risk Alpha of 0.3296. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.3296 | |
| ER[a] | = | Expected return on investing in Perseus Mining |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Perseus Mining |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Perseus Mining Total Risk Alpha Peers Comparison
Perseus Total Risk Alpha Relative To Other Indicators
Perseus Mining Limited is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
55.62 Maximum Drawdown per unit of Total Risk Alpha. Perseus Mining Limited carries a
55.62 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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