Comba Telecom Total Risk Alpha
| COA1 Stock | | | 0.20 0.02 11.11% |
The Total Risk Alpha lookup presents technical context for Comba Telecom Systems and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Comba Telecom has a market cap of 558.32 M.
Trending Equities can help frame allocation decisions. The allocation includes a position in Comba Telecom Systems inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Comba Telecom Systems has current Total Risk Alpha of
-0.44. 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] |
| = | -0.44 | |
| ER[a] | = | Expected return on investing in Comba Telecom |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Comba Telecom |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Comba Telecom Total Risk Alpha Peers Comparison
Comba Total Risk Alpha Relative To Other Indicators
Comba Telecom Systems is rated
below average. in total risk alpha category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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