Aurora Cannabis Total Risk Alpha
| ACB Stock | | | USD 3.53 0.02 0.57% |
Aurora Cannabis total risk alpha lookup summarizes this and related technical indicators for Aurora Cannabis. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Aurora Cannabis has a market cap of 199.05 M, operating margin of 2.32%, ROE of -15.51%. Use
Trending Equities to explore allocation context. This includes a position in Aurora Cannabis across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Aurora Cannabis has current Total Risk Alpha of
-0.09. 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] |
| = | -0.09 | |
| ER[a] | = | Expected return on investing in Aurora Cannabis |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Aurora Cannabis |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Aurora Cannabis Total Risk Alpha Peers Comparison
Aurora Total Risk Alpha Relative To Other Indicators
Aurora Cannabis is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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