Rise Gold Total Risk Alpha
| RYES Stock | | | USD 0.34 -0.01 -2.86% |
Observed values used to calculate the Total Risk Alpha technical indicator for Rise Gold Corp. Additional screening context is available through
Equity Screeners.
Rise Gold Corp has current Total Risk Alpha of 1.65. 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] |
| = | 1.65 | |
| ER[a] | = | Expected return on investing in Rise Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Rise Gold |
| 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
Rise Gold Corp maintains a
third standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
17.47 of Maximum Drawdown per Total Risk Alpha. For Rise Gold Corp, Maximum Drawdown stands at
17.47 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Rise Gold to Peers
Other Technical Indicators