CVW CleanTech Total Risk Alpha
| CVW Stock | | | 1.02 0.02 2.00% |
The Total Risk Alpha lookup presents technical context for CVW CleanTech and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. CVW CleanTech has a market cap of 136.65 M, operating margin of -3.95%, ROE of -32.57%. Review
Trending Equities for broader portfolio context. This suggests a position in CVW CleanTech within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
CVW CleanTech has current Total Risk Alpha of 0.6787. 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] |
| = | 0.6787 | |
| ER[a] | = | Expected return on investing in CVW CleanTech |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CVW CleanTech |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CVW CleanTech Total Risk Alpha Peers Comparison
CVW Total Risk Alpha Relative To Other Indicators
CVW CleanTech falls in the
fifth position for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
44.07 ratio of Maximum Drawdown to Total Risk Alpha. CVW CleanTech's Maximum Drawdown exceeds Total Risk Alpha by a factor of
44.07 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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