Kalgoorlie Gold Total Risk Alpha
| KALMF Stock | | | USD 0.03 0.01 50.00% |
The Total Risk Alpha indicator for Kalgoorlie Gold is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The
Equity Screeners module supports multi-indicator technical analysis. Kalgoorlie Gold has a market cap of 4.75 M. See
Correlation Analysis for portfolio-level analysis. Allocation data is presented for contextual reference. Portfolio metrics are derived from available position data. All values are based on available data and provided as reference information. The portfolio reflects a holding in Kalgoorlie Gold Mining. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. No forward-looking guarantees are expressed or implied by this data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Kalgoorlie Gold Mining has current Total Risk Alpha of 9.06. 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] |
| = | 9.06 | |
| ER[a] | = | Expected return on investing in Kalgoorlie Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Kalgoorlie Gold |
| 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
Kalgoorlie Gold Mining ranks
second among pink sheets in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
41.75 Maximum Drawdown per unit of Total Risk Alpha. Kalgoorlie Gold Mining carries a
41.75 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 Kalgoorlie Gold to Peers
Other Technical Indicators