Nyxoah Total Risk Alpha
| NYXH Stock | | | USD 3.15 -0.01 -0.32% |
Historical market data for Nyxoah forms the basis of the Total Risk Alpha indicator shown here. Coverage may vary depending on data availability and normalization methods. Nyxoah has a market cap of 137.39 M, operating margin of -12.36%, current ratio of 7.24. Review
Correlation Analysis for a broader allocation view. Including Nyxoah in a portfolio enables allocation and risk analysis. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Nyxoah's company valuation — related indicators include
signals in services.
For information on how to trade Nyxoah Stock refer to our
How to Invest in Nyxoah guide.
Nyxoah has current Total Risk Alpha of
-0.27. 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] |
| = | -0.27 | |
| ER[a] | = | Expected return on investing in Nyxoah |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nyxoah |
| 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
Nyxoah is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nyxoah to Peers
Other Technical Indicators