Lithium Corp Total Risk Alpha
| LTUM Stock | | | USD 0.09 -0.003 -3.13% |
The Total Risk Alpha lookup presents technical context for Lithium Corp and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Lithium Corp has a market cap of 14.35 M, ROE of -108.13%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in Lithium Corp across the allocation. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Lithium Corp has current Total Risk Alpha of
-0.30. 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] |
| = | -0.30 | |
| ER[a] | = | Expected return on investing in Lithium Corp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Lithium Corp |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Lithium Corp Total Risk Alpha Peers Comparison
Lithium Total Risk Alpha Relative To Other Indicators
Lithium Corp is rated
below average. in total risk alpha category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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