TreeCon Resources Total Risk Alpha vs. Rate Of Daily Change
| TCOR Stock | | | USD 0.65 0.00 0.00% |
This technical indicator view for this indicator organizes signals for TreeCon Resources and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. TreeCon Resources has a market cap of 6.89 M, operating margin of 4.48%. See
World Market Map for portfolio-level analysis. This suggests a position in TreeCon Resources inside the allocation 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 employment.
TreeCon Resources has current Total Risk Alpha of
-0.07. 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] |
| = | -0.07 | |
| ER[a] | = | Expected return on investing in TreeCon Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TreeCon Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
TreeCon Resources Total Risk Alpha Peers Comparison
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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