| OCG Stock | | | CAD 0.20 0.01 4.76% |
Outcrop Gold total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Outcrop Gold 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
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Outcrop Gold Corp has current Total Risk Alpha of 0.3146. 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] |
| = | 0.3146 | |
| ER[a] | = | Expected return on investing in Outcrop Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Outcrop Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Outcrop Gold Total Risk Alpha Peers Comparison
Outcrop Total Risk Alpha Relative To Other Indicators
Outcrop Gold Corp is considered to be number one stock in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about
105.51 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Outcrop Gold Corp is roughly
105.51 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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