GoPro Total Risk Alpha
| GPRO Stock | | | USD 0.66 0.03 4.76% |
Observed values used in the Total Risk Alpha indicator for GoPro Inc are included in this dataset. The underlying data comes from exchange-reported trading records. GoPro has a market cap of 102.68 M, operating margin of -3.23%, ROE of -81.92%. Review
Risk vs Return Analysis for broader portfolio context. This suggests a position in GoPro Inc. This appears in the portfolio 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 main economic indicators.
GoPro Inc has current Total Risk Alpha of
-0.55. 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] |
| = | -0.55 | |
| ER[a] | = | Expected return on investing in GoPro |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on GoPro |
| 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
GoPro Inc is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare GoPro to Peers
Other Technical Indicators