FGI Industries Total Risk Alpha
| FGI Stock | | | USD 3.93 -0.07 -1.75% |
FGI Industries total risk alpha lookup summarizes this and related technical indicators for FGI Industries. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. FGI Industries has a market cap of 7.54 M, operating margin of 1.03%, ROE of -22.27%. Use
Investing Opportunities to explore allocation context. This includes a position in FGI Industries in the portfolio 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 census.
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FGI Industries has current Total Risk Alpha of
-0.39. 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] |
| = | -0.39 | |
| ER[a] | = | Expected return on investing in FGI Industries |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FGI Industries |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
FGI Industries Total Risk Alpha Peers Comparison
FGI Total Risk Alpha Relative To Other Indicators
FGI Industries is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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