Archimedes Tech Total Risk Alpha vs. Daily Balance Of Power

ATII Stock   10.44  0.02  0.19%   
The this indicator indicator for Archimedes Tech is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Archimedes Tech has a market cap of 308.92 M. For allocation context, review Trending Equities. A position in Archimedes Tech SPAC is part of the allocation. This appears 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 gross domestic product.
Archimedes Tech SPAC has current Total Risk Alpha of 0.0366. 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]

 = 
0.0366
ER[a] = Expected return on investing in Archimedes Tech
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Archimedes Tech
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Archimedes Tech to Peers

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