Fifth District Total Risk Alpha
| FDSB Stock | | | 14.80 0.03 0.20% |
Observed values used to calculate the Total Risk Alpha technical indicator for Fifth District Bancorp. Availability may differ across exchanges, markets, and reporting intervals.
Fifth District Bancorp has current Total Risk Alpha of 0.1082. 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] |
| = | 0.1082 | |
| ER[a] | = | Expected return on investing in Fifth District |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fifth District |
| 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
Fifth District Bancorp is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
42.67 of Maximum Drawdown per Total Risk Alpha. At
42.67 , Fifth District Bancorp's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fifth District to Peers
Other Technical Indicators