Haymaker Acquisition Total Risk Alpha
| HYAC Stock | | | USD 11.44 -0.04 -0.35% |
The Total Risk Alpha reading for Haymaker Acquisition Corp is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Haymaker Acquisition has a market cap of 333.77 M.
Risk vs Return Analysis adds portfolio-level perspective. A position in Haymaker Acquisition Corp appears within the mix. The relative size of each holding follows the allocation framework. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Haymaker Acquisition Corp has current Total Risk Alpha of 0.0225. 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] |
| = | 0.0225 | |
| ER[a] | = | Expected return on investing in Haymaker Acquisition |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Haymaker Acquisition |
| 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
Haymaker Acquisition Corp is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
38.84 . The Maximum Drawdown to Total Risk Alpha ratio for Haymaker Acquisition Corp comes in at
38.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Haymaker Acquisition to Peers
Other Technical Indicators