Spruce Ridge Market Risk Adjusted Performance
| SRCGF Stock | | | USD 0.07 0.01 15.12% |
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Spruce Ridge Resources has current Market Risk Adjusted Performance of 0.3219.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.3219 | |
| ER[a] | = | Expected return on investing in Spruce Ridge |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Spruce Ridge Market Risk Adjusted Performance Peers Comparison
Spruce Market Risk Adjusted Performance Relative To Other Indicators
Spruce Ridge Resources is rated
fourth in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
159.23 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Spruce Ridge Resources is roughly
159.23
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