IEntertainment Network Total Risk Alpha
| IENT Stock | | | USD 0.01 0.0011 15.71% |
This technical indicator view for Total Risk Alpha organizes signals for iEntertainment Network and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. IEntertainment Network has a market cap of 2.84 M, operating margin of -129.18%, ROE of -6.11%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in iEntertainment Network within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
iEntertainment Network has current Total Risk Alpha of 5.05. 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] |
| = | 5.05 | |
| ER[a] | = | Expected return on investing in IEntertainment Network |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IEntertainment Network |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IEntertainment Network Total Risk Alpha Peers Comparison
IEntertainment Total Risk Alpha Relative To Other Indicators
iEntertainment Network maintains a
fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
51.44 of Maximum Drawdown per Total Risk Alpha. For iEntertainment Network, Maximum Drawdown stands at
51.44 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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