Lavras Gold Total Risk Alpha
| LGC Stock | | | 2.57 -0.10 -3.75% |
Reference data associated with the Total Risk Alpha technical indicator for Lavras Gold Corp. Indicator values reflect available price and volume data where applicable.
Lavras Gold Corp has current Total Risk Alpha of
-0.13. 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] |
| = | -0.13 | |
| ER[a] | = | Expected return on investing in Lavras Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Lavras Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Lavras Gold Total Risk Alpha Peers Comparison
Lavras Total Risk Alpha Relative To Other Indicators
Lavras Gold Corp is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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