Dorian LPG Total Risk Alpha

LPG Stock  USD 34.34  0.26  0.76%   
This technical indicator view for Total Risk Alpha organizes signals for Dorian LPG and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Review Correlation Analysis to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Dorian LPG across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
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Dorian LPG has current Total Risk Alpha of 0.5598. 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]

 = 
0.5598
ER[a] = Expected return on investing in Dorian LPG
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Dorian LPG
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Dorian LPG Total Risk Alpha Peers Comparison

Dorian Total Risk Alpha Relative To Other Indicators

Dorian LPG is ranked second relative to stocks in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 21.66 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Dorian LPG is roughly 21.66
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Dorian LPG to Peers

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