Altima Resources Total Risk Alpha
| ARSLF Stock | | | USD 0.18 -0.01 -5.26% |
This dataset for Altima Resources reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. Altima Resources has a market cap of 1.51 M, operating margin of -2.08%. Review
Trending Equities for a broader allocation view. Portfolio composition is shown for contextual purposes. The allocation view reflects recorded position information. A position in Altima Resources is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Altima Resources has current Total Risk Alpha of 0.535. 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] |
| = | 0.535 | |
| ER[a] | = | Expected return on investing in Altima Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Altima Resources |
| 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
Altima Resources is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
76.73 Maximum Drawdown per unit of Total Risk Alpha. Altima Resources carries a
76.73 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 Altima Resources to Peers
Other Technical Indicators