Alzinova Total Risk Alpha
| ALZ Stock | | | SEK 0.73 -0.02 -2.67% |
Alzinova total risk alpha lookup summarizes this and related technical indicators for Alzinova AB. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Alzinova has a market cap of 139 M, operating margin of -67.61%, ROE of -10.74%. Use
Trending Equities to explore allocation context. This includes a position in Alzinova AB within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Alzinova AB has current Total Risk Alpha of
-0.49. 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] |
| = | -0.49 | |
| ER[a] | = | Expected return on investing in Alzinova |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alzinova |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Alzinova Total Risk Alpha Peers Comparison
Alzinova Total Risk Alpha Relative To Other Indicators
Alzinova AB is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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