Alithya Total Risk Alpha
| ALYAF Stock | | | 1.02 0.02 2.00% |
Observed values used to calculate the Total Risk Alpha technical indicator for Alithya Group. Certain instruments may report limited data depending on market coverage.
Alithya Group has current Total Risk Alpha of 0.0532. 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] |
| = | 0.0532 | |
| ER[a] | = | Expected return on investing in Alithya |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alithya |
| 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
Alithya Group ranks
fifth among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
254.40 Maximum Drawdown per unit of Total Risk Alpha. Alithya Group carries a
254.40 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Alithya to Peers
Other Technical Indicators