SunOpta Total Risk Alpha
| STKL Stock | | | USD 6.44 -0.02 -0.31% |
The Total Risk Alpha technical lookup provides context for SunOpta and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. SunOpta has a market cap of 762.23 M, operating margin of 6.67%, ROE of 9.02%. Review
World Market Map for broader portfolio context. This reflects a position in SunOpta across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Discover how to invest in SunOpta Stock by reading our
How to Buy SunOpta Stock guide.
SunOpta has current Total Risk Alpha of 1.22. 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] |
| = | 1.22 | |
| 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 |
SunOpta Total Risk Alpha Peers Comparison
SunOpta Total Risk Alpha Relative To Other Indicators
SunOpta carries a
second ranking 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
27.00 per Total Risk Alpha. SunOpta's Maximum Drawdown registers at
27.00 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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