Blackline Safety Total Risk Alpha

BLKLF Stock  USD 5.14  -0.11  -2.10%   
The Total Risk Alpha technical lookup provides context for Blackline Safety Corp and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Trending Equities provides context for diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in Blackline Safety Corp in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
Blackline Safety Corp has current Total Risk Alpha of 0.0678. 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]

 = 
0.0678
ER[a] = Expected return on investing in Blackline Safety
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Blackline Safety
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Blackline Safety Total Risk Alpha Peers Comparison

Blackline Total Risk Alpha Relative To Other Indicators

Blackline Safety Corp is rated fourth among pink sheets in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 234.06 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Blackline Safety Corp is roughly 234.06
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Blackline Safety to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas