Chicago Rivet Total Risk Alpha vs. Kurtosis
| CVR Stock | | | USD 14.01 -0.38 -2.64% |
The this indicator lookup presents technical context for Chicago Rivet Machine and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Chicago Rivet has market cap of 8.74 M, P/E of 514.04, operating margin of -5.72%.
Trending Equities can help frame allocation decisions. The allocation includes a position in Chicago Rivet Machine in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Chicago Rivet Machine has current Total Risk Alpha of 0.7057. 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] |
| = | 0.7057 | |
| ER[a] | = | Expected return on investing in Chicago Rivet |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Chicago Rivet |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Chicago Rivet Total Risk Alpha Peers Comparison
Chicago Total Risk Alpha Relative To Other Indicators
Chicago Rivet Machine ranks as the leading stock in total risk alpha category among its top compatitors. It is currently under evaluation. in kurtosis category among its top compatitors making up about
3.35 of Kurtosis per Total Risk Alpha. The ratio of Kurtosis to Total Risk Alpha for Chicago Rivet Machine is roughly
3.35 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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