NioCorp Developments Risk Adjusted Performance

NIOBW Stock   0.08  0.01  15.79%   
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NioCorp Developments Ltd has current Risk Adjusted Performance of 0.0196.

RAP

 = 

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

RFR

 = 
0.0196
ER[a] = Expected return on investing in NioCorp Developments
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NioCorp Developments Risk Adjusted Performance Peers Comparison

NioCorp Risk Adjusted Performance Relative To Other Indicators

NioCorp Developments Ltd is regarded fifth in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  6,514  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for NioCorp Developments Ltd is roughly  6,514 
Compare NioCorp Developments to Peers

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