Transpacific Broadband Total Risk Alpha
| TBGI Stock | | | 0.12 -0.01 -7.69% |
The Total Risk Alpha lookup presents technical context for Transpacific Broadband Group and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Transpacific Broadband has a market cap of 664.23 M.
World Market Map can help frame allocation decisions. The allocation includes a position in Transpacific Broadband Group within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Transpacific Broadband Group has current Total Risk Alpha of 0.1826. 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] |
| = | 0.1826 | |
| ER[a] | = | Expected return on investing in Transpacific Broadband |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Transpacific Broadband |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Transpacific Broadband Total Risk Alpha Peers Comparison
Transpacific Total Risk Alpha Relative To Other Indicators
Transpacific Broadband Group maintains a
fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
87.76 of Maximum Drawdown per Total Risk Alpha. For Transpacific Broadband Group, Maximum Drawdown stands at
87.76 times 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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