Aion Therapeutic Total Risk Alpha
| ANTCF Stock | | | USD 0.002 0.0003 17.65% |
Historical market data for Aion Therapeutic forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Aion Therapeutic has a market cap of 1.47 M, ROE of -4.17%. Use
Trending Equities to view allocation positioning. Current allocation data is available for review. The summary draws on available position and value data. All figures are presented for informational review and are not prescriptive. The portfolio reflects a holding in Aion Therapeutic. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
Aion Therapeutic has current Total Risk Alpha of 0.5236. 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] |
| = | 0.5236 | |
| ER[a] | = | Expected return on investing in Aion Therapeutic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Aion Therapeutic |
| 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
Aion Therapeutic ranks
fourth among pink sheets in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
33.70 Maximum Drawdown per unit of Total Risk Alpha. Aion Therapeutic carries a
33.70 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 Aion Therapeutic to Peers
Other Technical Indicators