Digi Power Total Risk Alpha
| DGXX Stock | | | 2.40 0.01 0.42% |
The Total Risk Alpha reading for Digi Power X is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Digi Power has a market cap of 152.19 M, operating margin of -35.92%.
Investing Opportunities adds portfolio-level perspective. Digi Power X can be included in a portfolio to evaluate diversification impact. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Digi Power X's company valuation — related indicators include
signals in services.
Digi Power X has current Total Risk Alpha of 0.5717. 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] |
| = | 0.5717 | |
| ER[a] | = | Expected return on investing in Digi Power |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Digi Power |
| 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
Digi Power X is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
73.26 of Maximum Drawdown per Total Risk Alpha. At
73.26 , Digi Power X's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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