IAMGold Total Risk Alpha
| IAG Stock | | | USD 19.39 -0.01 -0.05% |
Observed values used to calculate the Total Risk Alpha technical indicator for IAMGold. Additional screening context is available through
Equity Screeners.
IAMGold has current Total Risk Alpha of 0.6652. 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] |
| = | 0.6652 | |
| ER[a] | = | Expected return on investing in IAMGold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IAMGold |
| 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
IAMGold ranks
second among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
42.73 Maximum Drawdown per unit of Total Risk Alpha. IAMGold carries a
42.73 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IAMGold to Peers
Other Technical Indicators