Gorilla Technology Total Risk Alpha

GRRR Stock  USD 10.38  -0.58  -5.29%   
The Total Risk Alpha signal for Gorilla Technology Group reflects patterns observed in trading data. Comparable indicator datasets are structured within Equity Screeners. Gorilla Technology has a market cap of 235.3 M, operating margin of 2.82%, ROE of -8.38%. Review Risk vs Return Analysis for a broader allocation view. A position in Gorilla Technology Group is part of the allocation. It is reflected in the overall portfolio structure. 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.
Gorilla Technology Group has current Total Risk Alpha of 0.4083. 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]

 = 
0.4083
ER[a] = Expected return on investing in Gorilla Technology
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Gorilla Technology
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

Gorilla Technology Group is ranked fifth for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly 59.84 against Total Risk Alpha. Maximum Drawdown runs about 59.84 times Total Risk Alpha for Gorilla Technology Group
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Gorilla Technology to Peers

Other Technical Indicators