Parke Bancorp Total Risk Alpha
| PKBK Stock | | | USD 27.66 0.00 0.00% |
The Total Risk Alpha technical lookup provides context for Parke Bancorp and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Parke Bancorp has a market cap of 321.53 M, operating margin of 68.89%, ROE of 12.1%. See
Your Equity Center for portfolio-level analysis. This includes a position in Parke Bancorp inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
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How to Invest in Parke Bancorp guide.
Parke Bancorp has current Total Risk Alpha of 0.2819. 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] |
| = | 0.2819 | |
| ER[a] | = | Expected return on investing in Parke Bancorp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Parke Bancorp |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Parke Bancorp Total Risk Alpha Peers Comparison
Parke Total Risk Alpha Relative To Other Indicators
Parke Bancorp sits atop the peer group 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
23.95 per Total Risk Alpha. Parke Bancorp's Maximum Drawdown registers at
23.95 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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