COMTEX News Total Risk Alpha
| CMTX Pink Sheet | | | USD 5.20 0.00 0.00% |
This module presents the Total Risk Alpha indicator for COMTEX News Network using available market inputs. Coverage differences may occur across instruments and market segments. COMTEX News has a market cap of 5.53 M, operating margin of -2.88%, current ratio of 1.9.
Trending Equities can help frame allocation decisions. COMTEX News Network can be added to a watchlist or portfolio for position tracking. The information is presented without directional commentary. Broader economic conditions can influence COMTEX News Network's company valuation — related indicators include
signals in population.
COMTEX News Network 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 COMTEX News |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on COMTEX News |
| 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
COMTEX News Network is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare COMTEX News to Peers