Abcourt Mines Total Risk Alpha
| ABI Stock | | | CAD 0.10 0.01 11.11% |
The Total Risk Alpha reading for Abcourt Mines is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Abcourt Mines has a market cap of 113.02 M, operating margin of -12.39%, current ratio of 1.57. Review
Trending Equities for broader portfolio context. Abcourt Mines can be included in a portfolio to evaluate diversification impact. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Abcourt Mines's company valuation — related indicators include
signals in inflation.
Abcourt Mines has current Total Risk Alpha of 0.7707. 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] |
| = | 0.7707 | |
| ER[a] | = | Expected return on investing in Abcourt Mines |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Abcourt Mines |
| 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
Abcourt Mines is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
38.93 ratio of Maximum Drawdown to Total Risk Alpha. Abcourt Mines's Maximum Drawdown exceeds Total Risk Alpha by a factor of
38.93 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Abcourt Mines to Peers
Other Technical Indicators