MIND CTI Total Risk Alpha
| MNDO Stock | | | USD 1.16 0.01 0.87% |
The Total Risk Alpha profile for MIND CTI is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods. MIND CTI has a market cap of 24.64 M, operating margin of 13.35%, ROE of 12.73%.
Correlation Analysis can help frame allocation decisions. A position in MIND CTI appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
Interested in buying MIND Stock? See our
How to Buy MIND CTI guide. The guide includes approaches for both long-term investing and shorter-term trading of MIND Stock. Whether buying or selling, the guide provides a structured framework for MIND CTI decisions.
MIND CTI has current Total Risk Alpha of 0.1822. 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] |
| = | 0.1822 | |
| ER[a] | = | Expected return on investing in MIND CTI |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MIND CTI |
| 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
MIND CTI is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
51.41 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for MIND CTI sits at
51.41 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare MIND CTI to Peers
Other Technical Indicators