Streamline Health Total Risk Alpha
| STRMDelisted Stock | | | USD 5.33 -0.01 -0.19% |
Reference data associated with the Total Risk Alpha technical indicator for Streamline Health Solutions. Indicator inputs depend on available historical price observations.
Streamline Health Solutions has current Total Risk Alpha of 3.39. 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] |
| = | 3.39 | |
| ER[a] | = | Expected return on investing in Streamline Health |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Streamline Health |
| 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
Streamline Health Solutions 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
37.36 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Streamline Health Solutions sits at
37.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Other Technical Indicators