Arctic Paper Total Risk Alpha

ARP Stock  SEK 20.05  0.05  0.25%   
Observed values used in the Total Risk Alpha indicator for Arctic Paper SA are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. Arctic Paper has a market cap of 3.89 B, ROE of 43.33%. Portfolio-level context is available through Trending Equities. The view reflects the current state of portfolio allocation. The portfolio view uses available data to frame composition. The holding in Arctic Paper SA represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. All figures are based on reported data and are informational in nature. 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.
Arctic Paper SA has current Total Risk Alpha of 0.1518. 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]

 = 
0.1518
ER[a] = Expected return on investing in Arctic Paper
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Arctic Paper
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

Arctic Paper SA is rated below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 89.53 of Maximum Drawdown per Total Risk Alpha. For Arctic Paper SA, Maximum Drawdown stands at 89.53 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Arctic Paper to Peers

Other Technical Indicators