Seabridge Gold Risk Adjusted Performance
| SA Stock | | | USD 29.71 -0.65 -2.14% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is Seabridge Gold's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At 0.0254, Seabridge Gold's Risk Adjusted Performance indicates positive but modest risk-adjusted return. Seabridge Gold has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0254 | |
Risk Adjusted Performance Peers Comparison
Among sector peers, Seabridge Gold's Risk Adjusted Performance of 0.0254 is above the 0.02 group average. The range runs from -0.0912 (Companhia Siderurgica Nacional) to 0.2261 (Aris Mining). Seabridge Gold's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Seabridge Gold and its peers. Each point represents one equity — position along the horizontal axis shows 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
823.39 times its Risk Adjusted Performance of
0.03 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Seabridge Gold.
Methodology, Assumptions & Data Sources
The current Risk Adjusted Performance for Seabridge Gold is 0.0254. This Risk Adjusted Performance reading for Seabridge Gold results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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