Mantex AB Total Risk Alpha
| MANTEX Stock | | | SEK 8.10 -0.30 -3.57% |
Observed values used in the Total Risk Alpha indicator for Mantex AB are included in this dataset. The underlying data comes from exchange-reported trading records. Mantex AB has a market cap of 122.58 M, operating margin of -16.3%, ROE of -80.02%.
Correlation Analysis adds portfolio-level perspective. The portfolio structure is presented for analytical context. The view is constructed from recorded portfolio positions. This captures an allocation to Mantex AB. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Mantex AB has current Total Risk Alpha of 0.6606. 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] |
| = | 0.6606 | |
| ER[a] | = | Expected return on investing in Mantex AB |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Mantex AB |
| 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
Mantex AB is rated
fifth in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
59.89 of Maximum Drawdown per Total Risk Alpha. At
59.89 , Mantex AB's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Mantex AB to Peers
Other Technical Indicators