Sizzle Acquisition Total Risk Alpha
| SZZL Stock | | | USD 10.29 0.04 0.39% |
Observed values used to calculate the Total Risk Alpha technical indicator for Sizzle Acquisition Corp. Some instruments may provide partial coverage depending on trading history.
Sizzle Acquisition Corp has current Total Risk Alpha of 0.0086. 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] |
| = | 0.0086 | |
| ER[a] | = | Expected return on investing in Sizzle Acquisition |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sizzle Acquisition |
| 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
Sizzle Acquisition Corp is rated
below average 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
102.20 per Total Risk Alpha. Sizzle Acquisition Corp's Maximum Drawdown registers at
102.20 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Sizzle Acquisition to Peers
Other Technical Indicators