ReFuels NV Total Risk Alpha

REFL Stock   16.30  0.20  1.24%   
Technical inputs supporting the Total Risk Alpha indicator for ReFuels NV are shown here. The information is based on observed market data across timeframes.
Your Equity Center provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. 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.
ReFuels NV has current Total Risk Alpha of 0.6984. 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]

 = 
0.6984
ER[a] = Expected return on investing in ReFuels NV
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ReFuels NV
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

ReFuels NV carries a second ranking for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost 20.89 per Total Risk Alpha. ReFuels NV's Maximum Drawdown registers at 20.89 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ReFuels NV to Peers

Other Technical Indicators