Plug Power Total Risk Alpha
| PLUG Stock | | | USD 2.23 -0.17 -7.08% |
The Total Risk Alpha signal for Plug Power reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Indicator reliability depends on the continuity of available trading data. The
Equity Screeners module supports multi-indicator technical analysis. Plug Power has a market cap of 3.11 B, operating margin of -65.39%, ROE of -120.5%. Allocation context is available in
Your Equity Center. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. A position in Plug Power is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. All values are presented as reference data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For a practical introduction to investing in Plug Stock, check out our
How to Buy Plug Power guide.
Plug Power has current Total Risk Alpha of 0.8951. 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] |
| = | 0.8951 | |
| ER[a] | = | Expected return on investing in Plug Power |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Plug Power |
| 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
Plug Power ranks
second among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
34.48 Maximum Drawdown per unit of Total Risk Alpha. Plug Power carries a
34.48 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 Plug Power to Peers
Other Technical Indicators