AKA Brands Total Risk Alpha
| AKA Stock | | | USD 9.50 0.18 1.93% |
Observed values used to calculate the Total Risk Alpha technical indicator for AKA Brands Holding. Additional screening context is available through
Equity Screeners.
AKA Brands Holding has current Total Risk Alpha of
-0.1. 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] |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in AKA Brands |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AKA Brands |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
AKA Brands Total Risk Alpha Peers Comparison
AKA Total Risk Alpha Relative To Other Indicators
AKA Brands Holding 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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