Seabridge Gold Market Risk Adjusted Performance
| SA Stock | | | USD 29.71 -0.65 -2.14% |
Market Risk-Adjusted Performance (MRAP) measures return relative to systematic risk (beta) rather than total risk (standard deviation). This isolates the return earned per unit of market exposure, filtering out idiosyncratic volatility that can be diversified away. Below is Seabridge Gold's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
Seabridge Gold's Market Risk Adjusted Performance of 0.0424 reflects positive but modest risk-adjusted return. Seabridge Gold has produced a positive return relative to risk, though the margin is limited.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0424 | |
| ER[a] | = | Expected return on investing in Seabridge Gold |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Among sector peers, Seabridge Gold's Market Risk Adjusted Performance of 0.0424 is below the 55.59 group average. The range runs from -0.3475 (Perpetua Resources Corp) to 556.44 (Aris Mining). Seabridge Gold's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Market Risk Adjusted Performance Relative To Other Indicators
The chart below plots Market Risk Adjusted Performance against Maximum Drawdown for Seabridge Gold and its peers. Each point represents one equity — position along the horizontal axis shows Market Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Seabridge Gold's Maximum Drawdown of
20.91 runs about
493.25 times its Market Risk Adjusted Performance of
0.04 . This indicates Maximum Drawdown substantially exceeds Market Risk Adjusted Performance for Seabridge Gold.
Methodology, Assumptions & Data Sources
Seabridge Gold has a current Market Risk Adjusted Performance reading of 0.0424. This Market Risk Adjusted Performance reading for Seabridge Gold results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Seabridge Gold operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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