Daily Journal Total Risk Alpha
| DJCO Stock | | | USD 466.95 -29.53 -5.95% |
This technical indicator view for Total Risk Alpha organizes signals for Daily Journal Corp and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Daily Journal has a market cap of 684.01 M, operating margin of 5.51%, ROE of 27.72%. Review
Investing Opportunities for broader portfolio context. The allocation includes a position in Daily Journal Corp across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in private.
Daily Journal Corp has current Total Risk Alpha of 0.342. 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] |
| = | 0.342 | |
| ER[a] | = | Expected return on investing in Daily Journal |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Daily Journal |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Daily Journal Total Risk Alpha Peers Comparison
Daily Total Risk Alpha Relative To Other Indicators
Daily Journal Corp lands at
#3 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
55.16 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Daily Journal Corp sits at
55.16 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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