Commerce Total Risk Alpha
| CMRC Stock | | | 2.71 0.01 0.37% |
Reference data associated with the Total Risk Alpha technical indicator for Commerce. Availability may differ across exchanges, markets, and reporting intervals.
Commerce 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 Commerce |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Commerce |
| 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
Commerce is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Commerce to Peers
Other Technical Indicators