Caravelle International Total Risk Alpha
| HTCO Stock | | | USD 8.75 0.27 3.18% |
Caravelle International total risk alpha lookup summarizes this and related technical indicators for Caravelle International Group. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Caravelle International has a market cap of 66.62 M, operating margin of -6.53%, ROE of -1.88%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in Caravelle International Group across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Caravelle International Group has current Total Risk Alpha of 0.2252. 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] |
| = | 0.2252 | |
| ER[a] | = | Expected return on investing in Caravelle International |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Caravelle International |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Caravelle International Total Risk Alpha Peers Comparison
Caravelle Total Risk Alpha Relative To Other Indicators
Caravelle International Group lands at
#3 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
164.19 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Caravelle International Group sits at
164.19 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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