Latch Total Risk Alpha

LTCH Stock  USD 0.21  -0.03  -12.50%   
The Total Risk Alpha calculation for Latch draws on price and volume history. Each data point is derived from standardized price and volume feeds. Latch has a market cap of 33.67 M, operating margin of -34.44%, current ratio of 7.98. Review Correlation Analysis for broader portfolio context. Latch Inc can be included in a portfolio to evaluate diversification impact. The information is presented without directional commentary. Broader economic conditions can influence Latch Inc's company valuation — related indicators include signals in discontinued.
Latch Inc has current Total Risk Alpha of 1.59. 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]

 = 
1.59
ER[a] = Expected return on investing in Latch
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Latch
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

Latch Inc places fourth for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly 37.93 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 37.93 times for Latch Inc
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Latch to Peers

Other Technical Indicators