Gasporox Total Risk Alpha
| GPX Stock | | | SEK 6.58 -0.22 -3.24% |
The Total Risk Alpha lookup presents technical context for Gasporox AB and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Gasporox has a market cap of 121.79 M, operating margin of -9.38%, ROE of -9.97%.
Risk vs Return Analysis can help frame allocation decisions. This includes a position in Gasporox AB inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Gasporox AB has current Total Risk Alpha of 0.1375. 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] |
| = | 0.1375 | |
| ER[a] | = | Expected return on investing in Gasporox |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Gasporox |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Gasporox Total Risk Alpha Peers Comparison
Gasporox Total Risk Alpha Relative To Other Indicators
Gasporox AB is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
138.74 of Maximum Drawdown per Total Risk Alpha. For Gasporox AB, Maximum Drawdown stands at
138.74 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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