Vulcan Steel Total Risk Alpha
| R70 Stock | | | 3.60 -0.02 -0.55% |
Reference data associated with the Total Risk Alpha technical indicator for Vulcan Steel Limited. Additional screening context is available through
Equity Screeners.
Vulcan Steel Limited has current Total Risk Alpha of 0.0427. 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] |
| = | 0.0427 | |
| ER[a] | = | Expected return on investing in Vulcan Steel |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vulcan Steel |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Vulcan Steel Total Risk Alpha Peers Comparison
Vulcan Total Risk Alpha Relative To Other Indicators
Vulcan Steel Limited is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
432.79 Maximum Drawdown per unit of Total Risk Alpha. Vulcan Steel Limited carries a
432.79 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.
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