Pyxis Tankers Total Risk Alpha
| PXS Stock | | | USD 4.40 0.32 7.84% |
This module presents the Total Risk Alpha indicator for Pyxis Tankers using available market inputs. Exchange-specific data schedules may affect the recency of readings. Pyxis Tankers has a market cap of 42.78 M, operating margin of 29.34%, ROE of 1.93%. Portfolio-level context is available through
Your Equity Center. This suggests a position in Pyxis Tankers. The position sits 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 services.
For information on how to trade Pyxis Stock refer to our
How to Invest in Pyxis Tankers guide.
Pyxis Tankers has current Total Risk Alpha of 0.9949. 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] |
| = | 0.9949 | |
| ER[a] | = | Expected return on investing in Pyxis Tankers |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Pyxis Tankers |
| 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
Pyxis Tankers maintains a
fourth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
19.61 of Maximum Drawdown per Total Risk Alpha. For Pyxis Tankers, Maximum Drawdown stands at
19.61 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Pyxis Tankers to Peers
Other Technical Indicators