Taitron Components Total Risk Alpha
| TAIT Stock | | | USD 1.53 -0.06 -3.77% |
The Total Risk Alpha indicator for Taitron Components is constructed from normalized market data. All inputs reflect available trading data across supported markets. Taitron Components has a market cap of 9.21 M, operating margin of -35.73%, ROE of -6.03%. Use
World Market Map to explore allocation context. The allocation summary reflects available position data. Composition figures are derived from reported holdings. This reflects a position in Taitron Components Incorporated. This is situated within the portfolio mix. The allocation framework shapes how individual positions are weighted. The content reflects structured data inputs rather than subjective 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 gross domestic product.
Taitron Components Incorporated has current Total Risk Alpha of 0.8827. 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] |
| = | 0.8827 | |
| ER[a] | = | Expected return on investing in Taitron Components |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Taitron Components |
| 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
Taitron Components Incorporated is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
19.62 of Maximum Drawdown per Total Risk Alpha. For Taitron Components Incorporated, Maximum Drawdown stands at
19.62 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Taitron Components to Peers
Other Technical Indicators