Netcapital Total Risk Alpha

NCPL Stock  USD 0.45  -0.02  -4.26%   
This technical indicator view for Total Risk Alpha organizes signals for Netcapital and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Netcapital has a market cap of 3.55 M, operating margin of -41.67%, ROE of -99.67%. See Correlation Analysis for portfolio-level analysis. This suggests a position in Netcapital across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Netcapital has current Total Risk Alpha of 1.0. 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]

 = 
1.0
ER[a] = Expected return on investing in Netcapital
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Netcapital
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Netcapital Total Risk Alpha Peers Comparison

Netcapital Total Risk Alpha Relative To Other Indicators

Netcapital carries a second ranking for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost 128.97 per Total Risk Alpha. Netcapital's Maximum Drawdown registers at 128.97 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Netcapital to Peers

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