NTG Clarity Total Risk Alpha
| NCI Stock | | | CAD 0.93 -0.01 -1.06% |
Observed values used in the Total Risk Alpha indicator for NTG Clarity Networks are included in this dataset. The underlying data comes from exchange-reported trading records. NTG Clarity has a market cap of 44.04 M, operating margin of 9.96%, ROE of 41.73%. See
Correlation Analysis for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. No forward-looking guarantees are expressed or implied by this data. The portfolio reflects a holding in NTG Clarity Networks. The position falls within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
NTG Clarity Networks has current Total Risk Alpha of
-0.1. 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] |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in NTG Clarity |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NTG Clarity |
| 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
NTG Clarity Networks is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare NTG Clarity to Peers
Other Technical Indicators