Reworld Media Total Risk Alpha
| ALREW Stock | | | EUR 1.53 -0.03 -1.92% |
The Total Risk Alpha reading for Reworld Media is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Reworld Media has a market cap of 87.9 M, operating margin of 7.42%, current ratio of 1.05.
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Reworld Media has current Total Risk Alpha of 0.3984. 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] |
| = | 0.3984 | |
| ER[a] | = | Expected return on investing in Reworld Media |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Reworld Media |
| 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
Reworld Media is ranked
fourth for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
62.10 against Total Risk Alpha. Maximum Drawdown runs about
62.10 times Total Risk Alpha for Reworld Media
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Reworld Media to Peers
Other Technical Indicators