Northstar Clean Total Risk Alpha
| ROOOF Stock | | | USD 0.15 0.00 0.00% |
This technical indicator view for Total Risk Alpha organizes signals for Northstar Clean Technologies and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Northstar Clean has a market cap of 13.74 M. See
Your Equity Center for portfolio-level analysis. This suggests a position in Northstar Clean Technologies inside the allocation mix. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Northstar Clean Technologies has current Total Risk Alpha of
-0.23. 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] |
| = | -0.23 | |
| ER[a] | = | Expected return on investing in Northstar Clean |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Northstar Clean |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Northstar Clean Total Risk Alpha Peers Comparison
Northstar Total Risk Alpha Relative To Other Indicators
Northstar Clean Technologies is rated
below average. in total risk alpha category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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