Dermata Therapeutics Total Risk Alpha
| DRMA Stock | | | USD 1.27 -0.06 -4.51% |
The Total Risk Alpha technical lookup provides context for Dermata Therapeutics and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Dermata Therapeutics has market cap of 4.25 M, ROE of -2.03%. Review
Investing Opportunities for broader portfolio context. This reflects a position in Dermata Therapeutics 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 state.
Before investing in Dermata Stock, review our
How to Buy Dermata Therapeutics guide for key considerations.
Dermata Therapeutics has current Total Risk Alpha of
-0.43. 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] |
| = | -0.43 | |
| ER[a] | = | Expected return on investing in Dermata Therapeutics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Dermata Therapeutics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Dermata Therapeutics Total Risk Alpha Peers Comparison
Dermata Total Risk Alpha Relative To Other Indicators
Dermata Therapeutics is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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