CP All Total Risk Alpha

CPPCY Stock  USD 13.38  0.00  0.00%   
Observed values used to calculate the Total Risk Alpha technical indicator for CP All PCL. Availability may differ across exchanges, markets, and reporting intervals.
CP All PCL has current Total Risk Alpha of 0.1126. 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]

 = 
0.1126
ER[a] = Expected return on investing in CP All
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on CP All
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

CP All PCL is rated below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 92.65 of Maximum Drawdown per Total Risk Alpha. At 92.65 , CP All PCL's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare CP All to Peers

Other Technical Indicators