Argentina Lithium Total Risk Alpha
| LIT Stock | | | CAD 0.08 -0.01 -11.11% |
Observed values used in the Total Risk Alpha indicator for Argentina Lithium Energy are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Argentina Lithium has a market cap of 13.92 M, current ratio of 0.07. For allocation context, review
Correlation Analysis. Argentina Lithium Energy can be included in a portfolio to evaluate diversification impact. Diversification analysis reveals overlap and concentration across holdings. Broader economic conditions can influence Argentina Lithium Energy's company valuation — related indicators include
signals in inflation.
Argentina Lithium Energy has current Total Risk Alpha of 0.4232. 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] |
| = | 0.4232 | |
| ER[a] | = | Expected return on investing in Argentina Lithium |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Argentina Lithium |
| 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
Argentina Lithium Energy is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
97.01 ratio of Maximum Drawdown to Total Risk Alpha. Argentina Lithium Energy's Maximum Drawdown exceeds Total Risk Alpha by a factor of
97.01 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Argentina Lithium to Peers
Other Technical Indicators