Ellington Residential Total Risk Alpha

EARN Stock  USD 4.41  0.03  0.68%   
Reference data associated with the Total Risk Alpha technical indicator for Ellington Residential Mortgage. Indicator inputs depend on available historical price observations.
Ellington Residential Mortgage has current Total Risk Alpha of 0.002. 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]

 = 
0.002
ER[a] = Expected return on investing in Ellington Residential
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ellington Residential
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

Ellington Residential Mortgage 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 5,062 in Maximum Drawdown for each unit of Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Ellington Residential to Peers

Other Technical Indicators