Joint Stock Total Risk Alpha
| KSPI Stock | | | 74.16 -0.61 -0.82% |
The Total Risk Alpha indicator for Joint Stock is derived from observed market data. The calculation draws on time-series market data across available periods. Joint Stock has a market cap of 14.08 B. For allocation context, review
Correlation Analysis. Portfolio analysis tools can evaluate how Joint Stock fits within a broader allocation. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence Joint Stock's company valuation — related indicators include
signals in employment.
Researching Joint Stock? See our
How to Buy Joint Stock guide.
Joint Stock has current Total Risk Alpha of 0.1691. 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] |
| = | 0.1691 | |
| ER[a] | = | Expected return on investing in Joint Stock |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Joint Stock |
| 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
Joint Stock places
third for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
87.02 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
87.02 times for Joint Stock
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Joint Stock to Peers
Other Technical Indicators