GlucoTrack Total Risk Alpha
| GCTK Stock | | | USD 1.11 -0.02 -1.77% |
Observed values used to calculate the Total Risk Alpha technical indicator for GlucoTrack. Availability may differ across exchanges, markets, and reporting intervals.
GlucoTrack has current Total Risk Alpha of
-1.58. 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] |
| = | -1.58 | |
| ER[a] | = | Expected return on investing in GlucoTrack |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GlucoTrack |
| 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
GlucoTrack is rated
below average for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare GlucoTrack to Peers
Other Technical Indicators