Accsys Technologies Total Risk Alpha
| AXS Stock | | | EUR 0.71 0.01 1.43% |
The Total Risk Alpha lookup presents technical context for Accsys Technologies and related instruments. Coverage varies by data normalization and availability; see
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Trending Equities provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Accsys Technologies 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 inflation.
Accsys Technologies has current Total Risk Alpha of
-0.0032. 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] |
| = | -0.0032 | |
| ER[a] | = | Expected return on investing in Accsys Technologies |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Accsys Technologies |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Accsys Technologies Total Risk Alpha Peers Comparison
Accsys Total Risk Alpha Relative To Other Indicators
Accsys Technologies is rated
fourth among stocks in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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