Columbus Acquisition Total Risk Alpha
| COLAU Stock | | | 10.66 0.00 0.00% |
Reference data associated with the Total Risk Alpha technical indicator for Columbus Acquisition Corp. Indicator inputs depend on available historical price observations.
Columbus Acquisition Corp has current Total Risk Alpha of 0.2597. 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] |
| = | 0.2597 | |
| ER[a] | = | Expected return on investing in Columbus Acquisition |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Columbus Acquisition |
| 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
Columbus Acquisition Corp maintains a
second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
83.01 of Maximum Drawdown per Total Risk Alpha. For Columbus Acquisition Corp, Maximum Drawdown stands at
83.01 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Columbus Acquisition to Peers
Other Technical Indicators