Know IT Total Risk Alpha
| KNOW Stock | | | SEK 104.40 -2.60 -2.43% |
The Total Risk Alpha signal for Know IT AB reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Know IT has a market cap of 6.22 B, operating margin of 6.72%, ROE of 9.68%. Portfolio-level context is available through
Correlation Analysis. The portfolio reflects a holding in Know IT AB. The weighting is visible within the allocation breakdown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Know IT AB has current Total Risk Alpha of 0.1447. 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] |
| = | 0.1447 | |
| ER[a] | = | Expected return on investing in Know IT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Know IT |
| 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
Know IT AB maintains a
third standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
122.95 of Maximum Drawdown per Total Risk Alpha. For Know IT AB, Maximum Drawdown stands at
122.95 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Know IT to Peers
Other Technical Indicators