Anterix Total Risk Alpha
| ATEX Stock | | | USD 38.11 0.34 0.90% |
Reference data associated with the Total Risk Alpha technical indicator for Anterix. Coverage may vary depending on data feeds and normalization methods.
Anterix has current Total Risk Alpha of 1.22. 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] |
| = | 1.22 | |
| ER[a] | = | Expected return on investing in Anterix |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Anterix |
| 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
Anterix is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
12.35 of Maximum Drawdown per Total Risk Alpha. At
12.35 , Anterix's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Anterix to Peers
Other Technical Indicators