Wireless Data Total Risk Alpha
| SSHT Stock | | | USD 0.01 -0.0009 -9.09% |
The Total Risk Alpha profile for Wireless Data Solutions is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Wireless Data has a market cap of 625.7 K, operating margin of -23.34%.
World Market Map adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. A position in Wireless Data Solutions appears within the mix. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Wireless Data Solutions has current Total Risk Alpha of 1.12. 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] |
| = | 1.12 | |
| ER[a] | = | Expected return on investing in Wireless Data |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Wireless Data |
| 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
Wireless Data Solutions is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
122.80 of Maximum Drawdown per Total Risk Alpha. For Wireless Data Solutions, Maximum Drawdown stands at
122.80 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Wireless Data to Peers
Other Technical Indicators