ChargePoint Holdings Total Risk Alpha

CHPT Stock  USD 5.41  0.06  1.12%   
Historical market data for ChargePoint Holdings forms the basis of the Total Risk Alpha indicator shown here. The calculation draws on time-series market data across available periods. ChargePoint Holdings has a market cap of 123.71 M, operating margin of -48.47%, current ratio of 2.85. Use Trending Equities to view allocation positioning. Portfolio analysis tools can evaluate how ChargePoint Holdings fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence ChargePoint Holdings's company valuation — related indicators include signals in employment.
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ChargePoint Holdings has current Total Risk Alpha of -0.23. 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]

 = 
-0.23
ER[a] = Expected return on investing in ChargePoint Holdings
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ChargePoint Holdings
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

ChargePoint Holdings is rated below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ChargePoint Holdings to Peers

Other Technical Indicators