ChampionsGate Acquisition Total Risk Alpha

CHPG Stock   10.31  0.02  0.19%   
The Total Risk Alpha signal for ChampionsGate Acquisition reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. ChampionsGate Acquisition has a market cap of 102.97 M. Use Trending Equities to explore allocation context. A position in ChampionsGate Acquisition is part of the allocation. This appears 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 employment.
Interested in buying ChampionsGate Stock? See our How to Buy ChampionsGate Acquisition guide.
ChampionsGate Acquisition has current Total Risk Alpha of 0.0429. 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]

 = 
0.0429
ER[a] = Expected return on investing in ChampionsGate Acquisition
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ChampionsGate Acquisition
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

ChampionsGate Acquisition is rated below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 29.62 Maximum Drawdown per unit of Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ChampionsGate Acquisition to Peers

Other Technical Indicators