Sky Harbour Total Risk Alpha
| SKYH Stock | | | USD 9.32 0.00 0.00% |
This technical indicator view for Total Risk Alpha organizes signals for Sky Harbour Group and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Sky Harbour has a market cap of 685.32 M, operating margin of -105.16%, ROE of -11.67%. Use
World Market Map to explore allocation context. This suggests a position in Sky Harbour Group in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Sky Harbour Group has current Total Risk Alpha of 0.0638. 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] |
| = | 0.0638 | |
| ER[a] | = | Expected return on investing in Sky Harbour |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sky Harbour |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sky Harbour Total Risk Alpha Peers Comparison
Sky Total Risk Alpha Relative To Other Indicators
Sky Harbour Group is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
161.83 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
161.83 times for Sky Harbour Group
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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