Thungela Resources Risk Adjusted Performance

TGA Stock   589.50  3.00  0.51%   
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Thungela Resources Limited has current Risk Adjusted Performance of 0.0903.

RAP

 = 

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

RFR

 = 
0.0903
ER[a] = Expected return on investing in Thungela Resources
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Thungela Resources Risk Adjusted Performance Peers Comparison

Thungela Risk Adjusted Performance Relative To Other Indicators

Thungela Resources Limited is rated third in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  122.50  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Thungela Resources Limited is roughly  122.50 
Compare Thungela Resources to Peers

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