Nates Food Total Risk Alpha
| NHMD Stock | | | USD 0.0001 0.00 0.00% |
Historical market data for Nates Food Co forms the basis of the Total Risk Alpha indicator shown here. Market data gaps can influence the computed indicator values. Nates Food has a market cap of 177.91 K, operating margin of -4.03%.
Correlation Analysis adds portfolio-level perspective. The holding in Nates Food Co represents an allocation. Position allocation is driven by the portfolio construction model. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Nates Food Co has current Total Risk Alpha of 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] |
| = | 0 | |
| ER[a] | = | Expected return on investing in Nates Food |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nates Food |
| 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
Nates Food Co is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nates Food to Peers