D Wave Total Risk Alpha
| QBTS Stock | | | USD 17.55 -0.28 -1.57% |
The Total Risk Alpha lookup presents technical context for D Wave Quantum and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. D Wave has a market cap of 6.49 B, operating margin of -12.66%, ROE of -77.62%.
Your Equity Center can help frame allocation decisions. The allocation includes a position in D Wave Quantum 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 population.
D Wave Quantum has current Total Risk Alpha of
-0.21. 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] |
| = | -0.21 | |
| ER[a] | = | Expected return on investing in D Wave |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on D Wave |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
D Wave Total Risk Alpha Peers Comparison
QBTS Total Risk Alpha Relative To Other Indicators
D Wave Quantum is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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