Target Hospitality Total Risk Alpha
| TH Stock | | | USD 9.31 -0.39 -4.02% |
Target Hospitality total risk alpha lookup summarizes this and related technical indicators for Target Hospitality Corp. Availability can vary by instrument;
Equity Screeners offers additional screening access. Target Hospitality has a market cap of 928.95 M, operating margin of -14.54%, ROE of -9.15%. Use
World Market Map to explore allocation context. This includes a position in Target Hospitality Corp within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Target Hospitality Corp has current Total Risk Alpha of 0.3501. 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] |
| = | 0.3501 | |
| ER[a] | = | Expected return on investing in Target Hospitality |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Target Hospitality |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Target Hospitality Total Risk Alpha Peers Comparison
Target Total Risk Alpha Relative To Other Indicators
Target Hospitality Corp places
fourth for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
27.96 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
27.96 times for Target Hospitality Corp
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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