Avenue Therapeutics Total Risk Alpha
| ATXI Stock | | | USD 0.24 0.01 4.35% |
Avenue Therapeutics total risk alpha lookup summarizes this and related technical indicators for Avenue Therapeutics. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Avenue Therapeutics has a market cap of 862.65 K, ROE of -5.35%. Use
Trending Equities to explore allocation context. This includes a position in Avenue Therapeutics within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
Avenue Therapeutics has current Total Risk Alpha of 0.5301. 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] |
| = | 0.5301 | |
| ER[a] | = | Expected return on investing in Avenue Therapeutics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Avenue Therapeutics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Avenue Therapeutics Total Risk Alpha Peers Comparison
Avenue Total Risk Alpha Relative To Other Indicators
Avenue Therapeutics places
second for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
230.86 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
230.86 times for Avenue Therapeutics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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