Erdene Resource Risk Adjusted Performance

ERD Stock  CAD 0.59  0.01  1.67%   
Erdene Resource 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 Equity Screeners to view more equity screening tools
  
Erdene Resource Development has current Risk Adjusted Performance of 0.1052.

RAP

 = 

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

RFR

 = 
0.1052
ER[a] = Expected return on investing in Erdene Resource
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Erdene Resource Risk Adjusted Performance Peers Comparison

Erdene Risk Adjusted Performance Relative To Other Indicators

Erdene Resource Development is one of the top stocks in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  181.64  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Erdene Resource Development is roughly  181.64 
Compare Erdene Resource to Peers

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