Kestrel Gold Total Risk Alpha
| KGC Stock | | | CAD 0.04 -0.01 -12.50% |
The Total Risk Alpha lookup presents technical context for Kestrel Gold and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Kestrel Gold has a market cap of 3.81 M, ROE of -43.4%. See
Correlation Analysis for portfolio-level analysis. This reflects a position in Kestrel Gold inside the allocation mix. 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.
Kestrel Gold has current Total Risk Alpha of 0.1348. 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] |
| = | 0.1348 | |
| ER[a] | = | Expected return on investing in Kestrel Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Kestrel Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Kestrel Gold Total Risk Alpha Peers Comparison
Kestrel Total Risk Alpha Relative To Other Indicators
Kestrel Gold is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
198.71 ratio of Maximum Drawdown to Total Risk Alpha. Kestrel Gold's Maximum Drawdown exceeds Total Risk Alpha by a factor of
198.71 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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