Avidbank Holdings, Total Risk Alpha
| AVBH Stock | | | USD 26.66 -0.31 -1.15% |
The Total Risk Alpha signal for Avidbank Holdings Common reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Indicator reliability depends on the continuity of available trading data. The
Equity Screeners module supports multi-indicator technical analysis. Avidbank Holdings, has a market cap of 143.88 M, operating margin of 39.85%, ROE of 14.65%. Use
Trending Equities to explore allocation context. The allocation summary reflects available position data. Composition figures are derived from reported holdings. Reported data is organized for reference and does not imply a course of action. This captures an allocation to Avidbank Holdings Common. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Avidbank Holdings Common has current Total Risk Alpha of 0.1121. 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] |
| = | 0.1121 | |
| ER[a] | = | Expected return on investing in Avidbank Holdings, |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Avidbank Holdings, |
| 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
Avidbank Holdings Common is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
78.39 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
78.39 times for Avidbank Holdings Common
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Avidbank Holdings, to Peers
Other Technical Indicators