Imperial Petroleum Total Risk Alpha
| IMPP Stock | | | USD 4.62 -0.04 -0.86% |
This technical indicator view for Total Risk Alpha organizes signals for Imperial Petroleum and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Imperial Petroleum has a market cap of 167.36 M, operating margin of 26.69%, ROE of 10.51%. See
Risk vs Return Analysis for portfolio-level analysis. This suggests a position in Imperial Petroleum 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 metropolitan statistical area.
Learn how to buy and trade Imperial Stock using our step-by-step
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Imperial Petroleum has current Total Risk Alpha of 0.2447. 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] |
| = | 0.2447 | |
| ER[a] | = | Expected return on investing in Imperial Petroleum |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Imperial Petroleum |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Imperial Petroleum Total Risk Alpha Peers Comparison
Imperial Total Risk Alpha Relative To Other Indicators
Imperial Petroleum is rated
below average for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
70.82 against Total Risk Alpha. Maximum Drawdown runs about
70.82 times Total Risk Alpha for Imperial Petroleum
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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