KWG Resources Total Risk Alpha
| KWGBF Stock | | | USD 0.01 -0.0009 -9.00% |
Technical inputs supporting the Total Risk Alpha indicator for KWG Resources are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. KWG Resources has a market cap of 39.7 M, ROE of -31.85%. Review
Correlation Analysis for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. All values are presented as reference data. The allocation shows a weighting toward KWG Resources. 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 bureau of labor statistics.
KWG Resources has current Total Risk Alpha of 2.32. 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] |
| = | 2.32 | |
| ER[a] | = | Expected return on investing in KWG Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on KWG Resources |
| 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
KWG Resources 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
43.22 Maximum Drawdown per unit of Total Risk Alpha. KWG Resources carries a
43.22 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 KWG Resources to Peers
Other Technical Indicators