EnGold Mines Total Risk Alpha
| GWRRF Stock | | | USD 0.0043 0.00 0.00% |
The Total Risk Alpha indicator for EnGold Mines is constructed from normalized market data. All inputs reflect available trading data across supported markets. EnGold Mines has a market cap of 2.21 M, current ratio of 0.14. Review
Risk vs Return Analysis for broader portfolio context. Including EnGold Mines in a portfolio enables allocation and risk analysis. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence EnGold Mines's company valuation — related indicators include
signals in real.
EnGold Mines has current Total Risk Alpha of
-0.40. 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] |
| = | -0.40 | |
| ER[a] | = | Expected return on investing in EnGold Mines |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on EnGold Mines |
| 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
EnGold Mines is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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