ProFrac Holding Total Risk Alpha
| ACDC Stock | | | USD 6.77 0.24 3.68% |
Observed values used to calculate the Total Risk Alpha technical indicator for ProFrac Holding Corp. Coverage may vary across instruments due to feed availability.
ProFrac Holding Corp has current Total Risk Alpha of 0.924. 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] |
| = | 0.924 | |
| ER[a] | = | Expected return on investing in ProFrac Holding |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ProFrac Holding |
| 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
ProFrac Holding Corp leads all stocks for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
29.80 . The Maximum Drawdown to Total Risk Alpha ratio for ProFrac Holding Corp comes in at
29.80 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ProFrac Holding to Peers
Other Technical Indicators