ERDCF Stock | | | USD 0.38 0.01 2.70% |
Erdene Resource market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Erdene Resource Development or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Erdene Resource Development has current Market Risk Adjusted Performance of
(0.24).
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | (0.24) | |
ER[a] | = | Expected return on investing in Erdene Resource |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BETA | = | Beta of the asset with market or selected benchmark. |
Erdene Resource Market Risk Adjusted Performance Peers Comparison
Erdene Market Risk Adjusted Performance Relative To Other Indicators
Erdene Resource Development is rated
below average in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
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