Compass Pathways Total Risk Alpha

CMPS Stock  USD 5.41  -0.32  -5.58%   
This module presents the Total Risk Alpha indicator for Compass Pathways Plc using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. Compass Pathways has a market cap of 614.13 M, ROE of -2.06%. Use Trending Equities to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. A position in Compass Pathways Plc 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.
Compass Pathways Plc has current Total Risk Alpha of 0.5534. 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]

 = 
0.5534
ER[a] = Expected return on investing in Compass Pathways
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Compass Pathways
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 Pathways Plc is rated below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 69.96 of Maximum Drawdown per Total Risk Alpha. For Compass Pathways Plc, Maximum Drawdown stands at 69.96 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Compass Pathways to Peers

Other Technical Indicators