Charlottes Web Total Risk Alpha

CWEB Stock  CAD 0.99  -0.19  -16.10%   
Historical market data for Charlottes Web Holdings forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Cross-instrument Total Risk Alpha comparisons are available via Equity Screeners. Charlottes Web has a market cap of 188.12 M, operating margin of -45.68%, ROE of -109.83%. See Trending Equities for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. This suggests a position in Charlottes Web Holdings. The position sits inside the allocation mix. Position sizing reflects the allocation methodology applied to the portfolio. The dataset reflects available inputs without directional implication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Charlottes Web Holdings has current Total Risk Alpha of 4.36. 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]

 = 
4.36
ER[a] = Expected return on investing in Charlottes Web
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Charlottes Web
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

Charlottes Web Holdings takes the leading position in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 11.39 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Charlottes Web Holdings sits at 11.39
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Charlottes Web to Peers

Other Technical Indicators