FREYR Battery Total Risk Alpha
| FREYDelisted Stock | | | USD 1.33 0.03 2.31% |
FREYR Battery total risk alpha lookup summarizes this and related technical indicators for FREYR Battery SA. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. FREYR Battery has a market cap of 241.82 M, ROE of -18.45%. Use
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signals in small area income & poverty estimates.
FREYR Battery SA has current Total Risk Alpha of 0. 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 | |
| ER[a] | = | Expected return on investing in FREYR Battery |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FREYR Battery |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
FREYR Battery Total Risk Alpha Peers Comparison
FREYR Total Risk Alpha Relative To Other Indicators
FREYR Battery SA is rated
below average. in total risk alpha category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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