Capitec Bank Total Risk Alpha

CKHGFDelisted Stock  USD 166.77  0.00  0.00%   
The Total Risk Alpha calculation for Capitec Bank draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness. Additional screening context is available through Equity Screeners. Capitec Bank has a market cap of 10.09 B, operating margin of 49.27%, ROE of 27.4%. Review Trending Equities for broader portfolio context. The overview captures current portfolio composition. The portfolio view uses available data to frame composition. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census.
Capitec Bank Holdings has current Total Risk Alpha of 0. 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
ER[a] = Expected return on investing in Capitec Bank
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Capitec Bank
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

Capitec Bank Holdings is rated below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.