SPO Networks Total Risk Alpha
| SPOI Stock | | | USD 0.0003 0.00 0.00% |
Technical inputs supporting the Total Risk Alpha indicator for SPO Networks are shown here. Cross-instrument Total Risk Alpha comparisons are available via
Equity Screeners. SPO Networks has a market cap of 664.3 M, operating margin of -2.13%, current ratio of 0.2.
World Market Map can help frame allocation decisions. Portfolio analysis tools can evaluate how SPO Networks fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence SPO Networks's company valuation — related indicators include
signals in metropolitan statistical area.
SPO Networks has current Total Risk Alpha of 4.93. 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] |
| = | 4.93 | |
| ER[a] | = | Expected return on investing in SPO Networks |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SPO Networks |
| 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
SPO Networks claims the number one ranking for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
40.56 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
40.56 times for SPO Networks
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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