Charles Colvard Total Risk Alpha
| CTHR Stock | | | USD 0.1 -0.002 -2.01% |
The Total Risk Alpha indicator for Charles Colvard is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. Charles Colvard has a market cap of 779.57 K, operating margin of -66.2%, current ratio of 5.27. See
Trending Equities for additional portfolio context. Broader economic conditions can influence Charles Colvard's company valuation — related indicators include
signals in rate.
Charles Colvard has current Total Risk Alpha of 22.8. 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] |
| = | 22.8 | |
| ER[a] | = | Expected return on investing in Charles Colvard |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Charles Colvard |
| 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
Charles Colvard is ranked
second for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
26.51 against Total Risk Alpha. Maximum Drawdown runs about
26.51 times Total Risk Alpha for Charles Colvard
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Other Technical Indicators