Natural Resource Total Risk Alpha
| NRP Stock | | | USD 121.52 -1.17 -0.95% |
Observed values used in the Total Risk Alpha indicator for Natural Resource Partners are included in this dataset. The underlying data comes from exchange-reported trading records. Natural Resource has a market cap of 1.36 B, operating margin of 66.46%, current ratio of 1.69. Use
Correlation Analysis to view allocation positioning. Tracking Natural Resource Partners in a portfolio helps measure its contribution to overall performance. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Natural Resource Partners's company valuation — related indicators include
signals in real.
Natural Resource Partners has current Total Risk Alpha of 0.3866. 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] |
| = | 0.3866 | |
| ER[a] | = | Expected return on investing in Natural Resource |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Natural Resource |
| 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
Natural Resource Partners is rated
below average for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
16.79 against Total Risk Alpha. Maximum Drawdown runs about
16.79 times Total Risk Alpha for Natural Resource Partners
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Natural Resource to Peers
Other Technical Indicators