Granite Point Total Risk Alpha
| GPMT Stock | | | USD 1.57 -0.01 -0.63% |
The Total Risk Alpha technical lookup provides context for Granite Point Mortgage and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Granite Point has a market cap of 75.15 M, operating margin of 2.45%, ROE of -7.02%. Review
Risk vs Return Analysis for broader portfolio context. This reflects a position in Granite Point Mortgage 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 state.
Granite Point Mortgage has current Total Risk Alpha of
-0.59. 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] |
| = | -0.59 | |
| ER[a] | = | Expected return on investing in Granite Point |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Granite Point |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Granite Point Total Risk Alpha Peers Comparison
Granite Total Risk Alpha Relative To Other Indicators
Granite Point Mortgage is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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