Glory Star Total Risk Alpha
| GSMGWDelisted Stock | | | USD 0.0009 0.0007 350.00% |
The Total Risk Alpha profile for Glory Star New is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. Glory Star has operating margin of 16.38%, ROE of 13.16%.
Risk vs Return Analysis can help frame allocation decisions. The view reflects the current state of portfolio allocation. The view is constructed from recorded portfolio positions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Glory Star New has current Total Risk Alpha of 10.77. 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] |
| = | 10.77 | |
| ER[a] | = | Expected return on investing in Glory Star |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Glory Star |
| 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
Glory Star New stands at number one for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
13.26 ratio of Maximum Drawdown to Total Risk Alpha. Glory Star New's Maximum Drawdown exceeds Total Risk Alpha by a factor of
13.26 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Other Technical Indicators