NEWGOLD EXCHANGE Risk Adjusted Performance

NEWGOLD Stock   30,000  12,000  28.57%   
NEWGOLD EXCHANGE risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for NEWGOLD EXCHANGE TRADED 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
  
NEWGOLD EXCHANGE TRADED has current Risk Adjusted Performance of 0.1118.

RAP

 = 

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

RFR

 = 
0.1118
ER[a] = Expected return on investing in NEWGOLD EXCHANGE
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NEWGOLD EXCHANGE Risk Adjusted Performance Peers Comparison

NEWGOLD Risk Adjusted Performance Relative To Other Indicators

NEWGOLD EXCHANGE TRADED is regarded second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  396.65  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for NEWGOLD EXCHANGE TRADED is roughly  396.65 
Compare NEWGOLD EXCHANGE to Peers

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