Lithium Chile Total Risk Alpha
| LITH Stock | | | CAD 0.60 -0.01 -1.64% |
Reference data associated with the Total Risk Alpha technical indicator for Lithium Chile. Availability may differ across exchanges, markets, and reporting intervals.
Lithium Chile has current Total Risk Alpha of 0.5455. 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] |
| = | 0.5455 | |
| ER[a] | = | Expected return on investing in Lithium Chile |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Lithium Chile |
| 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
Lithium Chile 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
32.83 ratio of Maximum Drawdown to Total Risk Alpha. Lithium Chile's Maximum Drawdown exceeds Total Risk Alpha by a factor of
32.83 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Lithium Chile to Peers
Other Technical Indicators