Freeport Resources Total Risk Alpha

FEERF OTC  USD 0.05  0.0047  10.93%   
The Total Risk Alpha indicator for Freeport Resources is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Freeport Resources has a market cap of 6.56 M, current ratio of 3.24. Investing Opportunities can help frame allocation decisions. Tracking Freeport Resources in a portfolio provides context for performance attribution. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Freeport Resources's otc stock valuation — related indicators include signals in real.
Freeport Resources has current Total Risk Alpha of 2.7. 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]

 = 
2.7
ER[a] = Expected return on investing in Freeport Resources
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Freeport Resources
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

Freeport Resources ranks fifth among otc stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 22.84 Maximum Drawdown per unit of Total Risk Alpha. Freeport Resources carries a 22.84 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 Freeport Resources to Peers

Other Technical Indicators