Patriot Gold Total Risk Alpha
| PGOL Stock | | | USD 0.07 -0.0018 -2.50% |
The Total Risk Alpha indicator for Patriot Gold is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Patriot Gold has a market cap of 4.86 M, operating margin of 40.1%, ROE of 13.55%. See
Your Equity Center for portfolio-level analysis. Portfolio positioning is summarized for reference. This captures an allocation to Patriot Gold Corp. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. 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.
Patriot Gold Corp has current Total Risk Alpha of 4.06. 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] |
| = | 4.06 | |
| ER[a] | = | Expected return on investing in Patriot Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Patriot Gold |
| 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
Patriot Gold Corp carries a
third ranking 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
30.81 per Total Risk Alpha. Patriot Gold Corp's Maximum Drawdown registers at
30.81 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Patriot Gold to Peers
Other Technical Indicators