Providence Gold Risk Adjusted Performance

PRRVF Stock  USD 0.04  -0.01  -16.90%   
The Risk Adjusted Performance lookup presents technical context for Providence Gold Mines and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Providence Gold has a market cap of 1.78 M, ROE of -18.75%. Your Equity Center can help frame allocation decisions. The allocation includes a position in Providence Gold Mines in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.
  
Providence Gold Mines has current Risk Adjusted Performance of 0.0512.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0512
ER[a] = Expected return on investing in Providence Gold
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Providence Gold Risk Adjusted Performance Peers Comparison

Providence Risk Adjusted Performance Relative To Other Indicators

Providence Gold Mines ranks fourth among pink sheets in risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 1,536 Maximum Drawdown per unit of Risk Adjusted Performance. Providence Gold Mines carries a 1,536 x Maximum Drawdown-to-Risk Adjusted Performance ratio
Compare Providence Gold to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas