SunOpta Total Risk Alpha
| SOY Stock | | | CAD 8.89 0.03 0.34% |
The Total Risk Alpha calculation for SunOpta draws on price and volume history. The depth of trading history affects the precision of the indicator. SunOpta has a market cap of 1.05 B, operating margin of 6.67%, current ratio of 2.16. For allocation context, review
World Market Map. SunOpta can be tracked within a custom portfolio for ongoing monitoring. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence SunOpta's company valuation — related indicators include
signals in inflation.
For information on how to trade SunOpta Stock refer to our
How to Invest in SunOpta guide.
SunOpta has current Total Risk Alpha of 1.23. 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] |
| = | 1.23 | |
| ER[a] | = | Expected return on investing in SunOpta |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SunOpta |
| 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
SunOpta takes the leading position in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
26.06 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for SunOpta sits at
26.06 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare SunOpta to Peers
Other Technical Indicators