Pantera Silver Total Risk Alpha
| PNTR Stock | | | CAD 0.54 0.02 3.85% |
Reference data associated with the Total Risk Alpha technical indicator for Pantera Silver Corp. Indicator inputs depend on available historical price observations.
Pantera Silver Corp has current Total Risk Alpha of 0.098. 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] |
| = | 0.098 | |
| ER[a] | = | Expected return on investing in Pantera Silver |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Pantera Silver |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Pantera Silver Total Risk Alpha Peers Comparison
Pantera Total Risk Alpha Relative To Other Indicators
Pantera Silver Corp is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
333.83 ratio of Maximum Drawdown to Total Risk Alpha. Pantera Silver Corp's Maximum Drawdown exceeds Total Risk Alpha by a factor of
333.83 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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