Bakkt Holdings Total Risk Alpha

BKKT Stock  USD 9.24  0.02  0.22%   
The Total Risk Alpha technical lookup provides context for Bakkt Holdings and related instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Trending Equities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This reflects a position in Bakkt Holdings across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
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Bakkt Holdings has current Total Risk Alpha of -0.32. 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]

 = 
-0.32
ER[a] = Expected return on investing in Bakkt Holdings
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Bakkt Holdings
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Bakkt Holdings Total Risk Alpha Peers Comparison

Bakkt Total Risk Alpha Relative To Other Indicators

Bakkt Holdings is rated below average. 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.
Compare Bakkt Holdings to Peers

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