Finward Bancorp Total Risk Alpha
| FNWD Stock | | | USD 37.95 0.72 1.93% |
Reference data associated with the Total Risk Alpha technical indicator for Finward Bancorp. Availability may differ across exchanges, markets, and reporting intervals.
Finward Bancorp has current Total Risk Alpha of 0.0576. 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] |
| = | 0.0576 | |
| ER[a] | = | Expected return on investing in Finward Bancorp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Finward Bancorp |
| 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
Finward Bancorp is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
166.07 . The Maximum Drawdown to Total Risk Alpha ratio for Finward Bancorp comes in at
166.07 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Finward Bancorp to Peers
Other Technical Indicators