NovaGold Resources Risk Adjusted Performance

NG Stock  USD 3.66  0.08  2.23%   
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NovaGold Resources has current Risk Adjusted Performance of (0.02).

RAP

 = 

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

RFR

 = 
(0.02)
ER[a] = Expected return on investing in NovaGold Resources
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NovaGold Resources Risk Adjusted Performance Peers Comparison

NovaGold Risk Adjusted Performance Relative To Other Indicators

NovaGold Resources is regarded fifth in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
Compare NovaGold Resources to Peers

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