Eastern Total Risk Alpha
| EML Stock | | | USD 19.34 0.19 0.99% |
The Total Risk Alpha technical lookup provides context for Eastern Co and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Eastern has market cap of 115.7 M, P/E of 16.9, operating margin of 4.38%. Review
Investing Opportunities for broader portfolio context. This reflects a position in Eastern Co 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.
Eastern Co has current Total Risk Alpha of 0.0157. 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] |
| = | 0.0157 | |
| ER[a] | = | Expected return on investing in Eastern |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Eastern |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Eastern Total Risk Alpha Peers Comparison
Eastern Total Risk Alpha Relative To Other Indicators
Eastern Co 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 reporting about
669.25 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Eastern Co is roughly
669.25 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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