Kainos Group Total Risk Alpha
| KNNNF Pink Sheet | | | USD 10.00 0.00 0.00% |
Historical market data for Kainos Group plc forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Kainos Group has a market cap of 3.18 B, operating margin of 14.35%, current ratio of 1.64. Review
Correlation Analysis for broader portfolio context. Kainos Group plc can be evaluated within a portfolio framework for weight and risk impact. This information is provided for contextual purposes. Broader economic conditions can influence Kainos Group plc's company valuation — related indicators include
signals in state.
Kainos Group plc has current Total Risk Alpha of
-0.1. 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] |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in Kainos Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Kainos Group |
| 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
Kainos Group plc is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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