Blackline Safety Total Risk Alpha

BLN Stock   7.00  0.04  0.57%   
The Total Risk Alpha signal for Blackline Safety Corp reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Blackline Safety has a market cap of 605.56 M, operating margin of -3.37%. Review Trending Equities for broader portfolio context. Monitoring Blackline Safety Corp within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Blackline Safety Corp's company valuation — related indicators include signals in inflation.
Blackline Safety Corp has current Total Risk Alpha of 0.2722. 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]

 = 
0.2722
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

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Blackline Safety Corp lands at #5 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 34.48 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Blackline Safety Corp sits at 34.48
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Blackline Safety to Peers

Other Technical Indicators