Samsara Total Risk Alpha

IOT Stock  USD 33.70  -0.01  -0.03%   
Observed values used to calculate the Total Risk Alpha technical indicator for Samsara. Indicator inputs depend on available historical price observations.
Samsara has current Total Risk Alpha of -0.15. 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]

 = 
-0.15
ER[a] = Expected return on investing in Samsara
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Samsara
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

Samsara maintains a fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Samsara to Peers

Other Technical Indicators