Bragg Gaming Total Risk Alpha
| BRAG Stock | | | CAD 2.35 0.17 7.80% |
Reference data associated with the Total Risk Alpha technical indicator for Bragg Gaming Group. Availability may differ across exchanges, markets, and reporting intervals.
Bragg Gaming Group has current Total Risk Alpha of 0.0663. 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] |
| = | 0.0663 | |
| ER[a] | = | Expected return on investing in Bragg Gaming |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bragg Gaming |
| 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
Bragg Gaming Group lands at
#4 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
366.13 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Bragg Gaming Group sits at
366.13 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Bragg Gaming to Peers
Other Technical Indicators