JAPAUL OIL Total Risk Alpha

JAPAULGOLD   3.60  0.04  1.12%   
The Total Risk Alpha calculation for JAPAUL OIL draws on price and volume history. Related screening structures are referenced through Equity Screeners.
Risk vs Return Analysis provides context for diversified portfolio construction. The overall portfolio profile is shaped by the distribution of its holdings. Broader economic conditions can influence JAPAUL OIL MARITIME's company valuation — related indicators include signals in manufacturing.
JAPAUL OIL MARITIME has current Total Risk Alpha of 0.9217. 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]

 = 
0.9217
ER[a] = Expected return on investing in JAPAUL OIL
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on JAPAUL OIL
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

JAPAUL OIL MARITIME ranks third among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 21.60 Maximum Drawdown per unit of Total Risk Alpha. JAPAUL OIL MARITIME carries a 21.60 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 JAPAUL OIL to Peers

Other Technical Indicators