Jasper Mining Total Risk Alpha
| JAMGF Stock | | | USD 0.02 0.00 0.00% |
Jasper Mining total risk alpha lookup summarizes this and related technical indicators for Jasper Mining. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Jasper Mining has a market cap of 4.88 M. Use
Risk vs Return Analysis to explore allocation context. This includes a position in Jasper Mining in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Jasper Mining has current Total Risk Alpha of 0.6253. 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] |
| = | 0.6253 | |
| ER[a] | = | Expected return on investing in Jasper Mining |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Jasper Mining |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jasper Mining Total Risk Alpha Peers Comparison
Jasper Total Risk Alpha Relative To Other Indicators
Jasper Mining is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
89.96 Maximum Drawdown per unit of Total Risk Alpha. Jasper Mining carries a
89.96 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.