Cooper Stnd Total Risk Alpha
| CPS Stock | | | USD 30.34 -0.35 -1.14% |
Reference data associated with the Total Risk Alpha technical indicator for Cooper Stnd. Values may reflect normalized price or volume observations.
Cooper Stnd has current Total Risk Alpha of 0.3128. 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] |
| = | 0.3128 | |
| ER[a] | = | Expected return on investing in Cooper Stnd |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Cooper Stnd |
| 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
Cooper Stnd maintains a
second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
137.66 of Maximum Drawdown per Total Risk Alpha. For Cooper Stnd, Maximum Drawdown stands at
137.66 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Cooper Stnd to Peers
Other Technical Indicators