Orexo AB Total Risk Alpha

ORX Stock  SEK 22.25  -0.50  -2.20%   
Technical inputs supporting the Total Risk Alpha indicator for Orexo AB are shown here. Values are derived from historical price and volume observations. Orexo AB has a market cap of 612.75 M, operating margin of -29.46%, ROE of -65.35%. Use Your Equity Center to view allocation positioning. Current allocation data is available for review. A position in Orexo AB appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. 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.
Orexo AB has current Total Risk Alpha of 0.3665. 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]

 = 
0.3665
ER[a] = Expected return on investing in Orexo AB
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Orexo AB
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

Orexo AB maintains a fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 57.50 of Maximum Drawdown per Total Risk Alpha. For Orexo AB, Maximum Drawdown stands at 57.50 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Orexo AB to Peers

Other Technical Indicators