Qualitau Total Risk Alpha

QLTU Stock  ILA 82,410  980.00  1.20%   
The Total Risk Alpha indicator for Qualitau is constructed from normalized market data. Related indicator context is organized within Equity Screeners. Qualitau has a market cap of 150.21 M, operating margin of 27.64%, ROE of 30.4%. Review Your Equity Center for broader portfolio context. A position in Qualitau appears within the mix. The relative size of each holding follows the allocation framework. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Qualitau has current Total Risk Alpha of 0.8793. 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]

 = 
0.8793
ER[a] = Expected return on investing in Qualitau
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Qualitau
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

Qualitau is rated third in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 13.33 of Maximum Drawdown per Total Risk Alpha. At 13.33 , Qualitau's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Qualitau to Peers

Other Technical Indicators