Compass Minerals Total Risk Alpha
| CMP Stock | | | USD 21.50 -0.49 -2.23% |
Observed values used in the Total Risk Alpha indicator for Compass Minerals International are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Compass Minerals has a market cap of 900.06 M, operating margin of 0.99%, ROE of 17.01%. See
Trending Equities for portfolio-level analysis. The allocation shows a weighting toward Compass Minerals International. The weighting is visible within the allocation breakdown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Compass Minerals International has current Total Risk Alpha of 0.6998. 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] |
| = | 0.6998 | |
| ER[a] | = | Expected return on investing in Compass Minerals |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Compass Minerals |
| 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
Compass Minerals International is ranked
fifth for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
33.65 against Total Risk Alpha. Maximum Drawdown runs about
33.65 times Total Risk Alpha for Compass Minerals International
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Compass Minerals to Peers
Other Technical Indicators