Alliance Resource Total Risk Alpha
| ARLP Stock | | | USD 27.45 -0.01 -0.04% |
The Total Risk Alpha technical lookup provides context for Alliance Resource Partners and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Alliance Resource has a market cap of 3.54 B, operating margin of 17.9%, ROE of 17.09%. Review
Trending Equities for broader portfolio context. This reflects a position in Alliance Resource Partners in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Alliance Resource Partners has current Total Risk Alpha of 0.2993. 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] |
| = | 0.2993 | |
| ER[a] | = | Expected return on investing in Alliance Resource |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alliance Resource |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Alliance Resource Total Risk Alpha Peers Comparison
Alliance Total Risk Alpha Relative To Other Indicators
Alliance Resource Partners is ranked
fifth for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
19.34 against Total Risk Alpha. Maximum Drawdown runs about
19.34 times Total Risk Alpha for Alliance Resource Partners
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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