| 2062 Stock | | | TWD 29.60 0.40 1.33% |
Sunspring Metal total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Sunspring Metal Corp or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
Equity Screeners to view more equity screening tools
Sunspring Metal Corp has current Total Risk Alpha of 0.0219. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0219 | |
| ER[a] | = | Expected return on investing in Sunspring Metal |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sunspring Metal |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sunspring Metal Total Risk Alpha Peers Comparison
Sunspring Total Risk Alpha Relative To Other Indicators
Sunspring Metal Corp is rated
second in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about
627.11 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Sunspring Metal Corp is roughly
627.11 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
