Cleveland Cliffs Total Risk Alpha
| CLF Stock | | | USD 7.82 -0.36 -4.40% |
This module presents the Total Risk Alpha indicator for Cleveland Cliffs using available market inputs. The indicator computation uses normalized market activity data. Cleveland Cliffs has a market cap of 4.46 B, operating margin of -6.49%, ROE of -21.58%. Use
Trending Equities to view allocation positioning. This captures an allocation to Cleveland Cliffs. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
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How to Buy Cleveland Cliffs walkthrough. This resource explains how to evaluate entry points and manage positions in Cleveland Stock. Refer to it whenever you need a refresher on the mechanics of investing in Cleveland Cliffs.
Cleveland Cliffs has current Total Risk Alpha of
-0.31. 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] |
| = | -0.31 | |
| ER[a] | = | Expected return on investing in Cleveland Cliffs |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Cleveland Cliffs |
| 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
Cleveland Cliffs 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.
Compare Cleveland Cliffs to Peers
Other Technical Indicators