Resverlogix Corp Total Risk Alpha
| RVX Stock | | | CAD 0.12 -0.01 -7.69% |
Resverlogix Corp total risk alpha lookup summarizes this and related technical indicators for Resverlogix Corp. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Resverlogix Corp has a market cap of 34.48 M. Use
Your Equity Center to explore allocation context. This includes a position in Resverlogix Corp within the portfolio 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 inflation.
Resverlogix Corp has current Total Risk Alpha of 0.3896. 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] |
| = | 0.3896 | |
| ER[a] | = | Expected return on investing in Resverlogix Corp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Resverlogix Corp |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Resverlogix Corp Total Risk Alpha Peers Comparison
Resverlogix Total Risk Alpha Relative To Other Indicators
Resverlogix Corp lands at
#4 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
51.85 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Resverlogix Corp sits at
51.85 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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