SYN Prop Total Risk Alpha

SYNE3 Stock   4.52  -0.13  -2.80%   
Technical inputs supporting the Total Risk Alpha indicator for SYN prop e are shown here. The information is based on observed market data across timeframes.
Portfolio design and allocation context appear in World Market Map. Portfolio-level transparency adds depth to allocation analysis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
SYN prop e has current Total Risk Alpha of 0.0375. 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]

 = 
0.0375
ER[a] = Expected return on investing in SYN Prop
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SYN Prop
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

SYN prop e is rated below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 173.62 of Maximum Drawdown per Total Risk Alpha. For SYN prop e, Maximum Drawdown stands at 173.62 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare SYN Prop to Peers

Other Technical Indicators