FTC Solar Total Risk Alpha

FTCI Stock  USD 4.63  0.29  6.68%   
The Total Risk Alpha calculation for FTC Solar draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness. Additional screening context is available through Equity Screeners. FTC Solar has a market cap of 71.94 M, operating margin of -11.11%, ROE of -6.52%. See Investing Opportunities for additional portfolio context. The allocation summary reflects available position data. The portfolio reflects a holding in FTC Solar. The position falls within the allocation 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 discontinued.
For more information on how to buy FTC Stock please use our How to Buy FTC Stock guide.
FTC Solar has current Total Risk Alpha of -0.0033. 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]

 = 
-0.0033
ER[a] = Expected return on investing in FTC Solar
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on FTC Solar
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

FTC Solar 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. Compare FTC Solar to Peers

Other Technical Indicators