Arqit Quantum Total Risk Alpha

ARQQ Stock  USD 13.60  -0.27  -1.95%   
The Total Risk Alpha calculation for Arqit Quantum draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Related screening structures are referenced through Equity Screeners. Arqit Quantum has a market cap of 212.87 M, operating margin of -65.89%, ROE of -1.81%. See Trending Equities for portfolio-level analysis. Allocation data is presented for contextual reference. Portfolio metrics are derived from available position data. The holding in Arqit Quantum represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
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Arqit Quantum has current Total Risk Alpha of -0.16. 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]

 = 
-0.16
ER[a] = Expected return on investing in Arqit Quantum
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Arqit Quantum
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

Arqit Quantum is rated below average for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Arqit Quantum to Peers

Other Technical Indicators