NRC Group Total Risk Alpha
| NRC Stock | | | NOK 7.52 -0.18 -2.34% |
The Total Risk Alpha profile for NRC Group ASA is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. NRC Group has a market cap of 969.71 M, operating margin of 1.96%, ROE of 0.74%. Allocation context is available in
Correlation Analysis. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. This includes a position in NRC Group ASA. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. 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.
NRC Group ASA has current Total Risk Alpha of 0.1073. 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] |
| = | 0.1073 | |
| ER[a] | = | Expected return on investing in NRC Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NRC Group |
| 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
NRC Group ASA is rated
below average 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
118.08 per Total Risk Alpha. NRC Group ASA's Maximum Drawdown registers at
118.08 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare NRC Group to Peers
Other Technical Indicators