Sparebank Total Risk Alpha

SOAG Stock  NOK 445.00  -12.00  -2.63%   
Technical inputs supporting the Total Risk Alpha indicator for Sparebank 1 Ostfold are shown here. The information is based on observed market data across timeframes. Sparebank has a market cap of 3.96 B, operating margin of 55.06%. Portfolio-level context is available through World Market Map. Portfolio analysis tools can evaluate how Sparebank 1 Ostfold fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Sparebank 1 Ostfold's company valuation — related indicators include signals in inflation.
Sparebank 1 Ostfold has current Total Risk Alpha of 0.0874. 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]

 = 
0.0874
ER[a] = Expected return on investing in Sparebank
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Sparebank
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

Sparebank 1 Ostfold is rated below average 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 62.95 per Total Risk Alpha. Sparebank 1 Ostfold's Maximum Drawdown registers at 62.95 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Sparebank to Peers

Other Technical Indicators