BlackRock TCP Total Risk Alpha

TCPC Stock  USD 3.62  0.06  1.69%   
Historical market data for BlackRock TCP Capital forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Cross-instrument Total Risk Alpha comparisons are available via Equity Screeners. BlackRock TCP has a market cap of 304.44 M, operating margin of 86.18%, ROE of -12.86%. Review World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. The allocation shows a weighting toward BlackRock TCP Capital. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. 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.
BlackRock TCP Capital has current Total Risk Alpha of -0.35. 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]

 = 
-0.35
ER[a] = Expected return on investing in BlackRock TCP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on BlackRock TCP
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

BlackRock TCP Capital is rated below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare BlackRock TCP to Peers

Other Technical Indicators