InPlay Oil Total Risk Alpha
| 8DA Stock | | | EUR 11.60 0.70 6.42% |
Observed values used in the Total Risk Alpha indicator for InPlay Oil Corp are included in this dataset. The information is based on observed market data across timeframes. InPlay Oil has a market cap of 323.39 M, operating margin of 20.12%, ROE of -2.37%. See
Trending Equities for portfolio-level analysis. Portfolio positioning is summarized for reference. This captures an allocation to InPlay Oil Corp. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
InPlay Oil Corp has current Total Risk Alpha of 1.14. 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] |
| = | 1.14 | |
| ER[a] | = | Expected return on investing in InPlay Oil |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on InPlay Oil |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
InPlay Oil Corp holds the top spot in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
14.99 Maximum Drawdown per unit of Total Risk Alpha. InPlay Oil Corp carries a
14.99 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare InPlay Oil to Peers
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