Jindalee Resources Risk Adjusted Performance

JNDAF Stock  USD 0.17  0.01  6.25%   
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Jindalee Resources Limited has current Risk Adjusted Performance of 0.042.

RAP

 = 

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

RFR

 = 
0.042
ER[a] = Expected return on investing in Jindalee Resources
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Jindalee Resources Risk Adjusted Performance Peers Comparison

Jindalee Risk Adjusted Performance Relative To Other Indicators

Jindalee Resources Limited is rated second overall in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  2,652  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Jindalee Resources Limited is roughly  2,652 
Compare Jindalee Resources to Peers

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