ENIGMATIG Total Risk Alpha

EGG Stock   5.70  0.50  9.62%   
The Total Risk Alpha indicator for ENIGMATIG LIMITED is derived from observed market data. Some instruments may report limited inputs depending on trading history. ENIGMATIG has a market cap of 144.8 M, operating margin of -45.66%. Use Investing Opportunities to explore allocation context. Tracking ENIGMATIG LIMITED in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence ENIGMATIG LIMITED's company valuation — related indicators include signals in census.
ENIGMATIG LIMITED has current Total Risk Alpha of 1.43. 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]

 = 
1.43
ER[a] = Expected return on investing in ENIGMATIG
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ENIGMATIG
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

ENIGMATIG LIMITED ranks third among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 19.99 Maximum Drawdown per unit of Total Risk Alpha. ENIGMATIG LIMITED carries a 19.99 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ENIGMATIG to Peers

Other Technical Indicators