Aya Gold Total Risk Alpha

AYA Stock  CAD 18.32  0.22  1.22%   
The Total Risk Alpha reading for Aya Gold Silver is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Aya Gold has a market cap of 2.57 B, operating margin of 27.81%, current ratio of 0.99. Allocation context is available in Trending Equities. Adding Aya Gold Silver to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Aya Gold Silver's company valuation — related indicators include signals in inflation.
Aya Gold Silver has current Total Risk Alpha of 0.4184. 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]

 = 
0.4184
ER[a] = Expected return on investing in Aya Gold
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Aya Gold
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

Aya Gold Silver is rated below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 60.76 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Aya Gold Silver sits at 60.76
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Aya Gold to Peers

Other Technical Indicators