Crexendo Total Risk Alpha
| CXDO Stock | | | USD 6.39 -0.09 -1.39% |
Crexendo total risk alpha lookup summarizes this and related technical indicators for Crexendo. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Crexendo has a market cap of 203.78 M, operating margin of 6.55%, ROE of 8.8%. Use
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Crexendo has current Total Risk Alpha of 0.1129. 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] |
| = | 0.1129 | |
| ER[a] | = | Expected return on investing in Crexendo |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Crexendo |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Crexendo Total Risk Alpha Peers Comparison
Crexendo Total Risk Alpha Relative To Other Indicators
Crexendo is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
126.89 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Crexendo sits at
126.89 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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