Hammond Power Total Risk Alpha
| HPS-A Stock | | | CAD 197.20 5.25 2.74% |
The Total Risk Alpha calculation for Hammond Power draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Hammond Power has a market cap of 2.29 B, operating margin of 11.42%, current ratio of 1.5. Use
Risk vs Return Analysis to view allocation positioning. Hammond Power Solutions can be evaluated within a portfolio framework for weight and risk impact. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Hammond Power Solutions's company valuation — related indicators include
signals in nation.
Hammond Power Solutions has current Total Risk Alpha of 0.5655. 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] |
| = | 0.5655 | |
| ER[a] | = | Expected return on investing in Hammond Power |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hammond Power |
| 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
Hammond Power Solutions maintains a
fourth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
29.36 of Maximum Drawdown per Total Risk Alpha. For Hammond Power Solutions, Maximum Drawdown stands at
29.36 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Hammond Power to Peers
Other Technical Indicators