Acumen Pharmaceuticals Total Risk Alpha

ABOS Stock  USD 3.43  0.16  4.89%   
The Total Risk Alpha lookup presents technical context for Acumen Pharmaceuticals and related instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Acumen Pharmaceuticals has a market cap of 198.08 M, ROE of -85.93%. Trending Equities can help frame allocation decisions. This reflects a position in Acumen Pharmaceuticals within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
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Acumen Pharmaceuticals has current Total Risk Alpha of 1.25. 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]

 = 
1.25
ER[a] = Expected return on investing in Acumen Pharmaceuticals
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Acumen Pharmaceuticals
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Acumen Pharmaceuticals Total Risk Alpha Peers Comparison

Acumen Total Risk Alpha Relative To Other Indicators

Acumen Pharmaceuticals maintains a second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 31.19 of Maximum Drawdown per Total Risk Alpha. For Acumen Pharmaceuticals, Maximum Drawdown stands at 31.19 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Acumen Pharmaceuticals to Peers

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