Portofino Resources Total Risk Alpha
| PFFOF Stock | | | USD 0.01 -0.0004 -6.25% |
This dataset for Portofino Resources reflects inputs used in the Total Risk Alpha calculation. All values reflect available price and volume data across reporting intervals. Data availability for the calculation period determines indicator completeness. Extended technical indicator views are accessible through
Equity Screeners. Portofino Resources has a market cap of 6.13 M, ROE of -4.7%.
Your Equity Center can help frame allocation decisions. The view reflects the current state of portfolio allocation. This captures an allocation to Portofino Resources. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. The information is presented without directional commentary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Portofino Resources has current Total Risk Alpha of 3.43. 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] |
| = | 3.43 | |
| ER[a] | = | Expected return on investing in Portofino Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Portofino Resources |
| 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
Portofino Resources is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
27.42 Maximum Drawdown per unit of Total Risk Alpha. Portofino Resources carries a
27.42 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Portofino Resources to Peers
Other Technical Indicators