Tinde Sparebank Total Risk Alpha
| TINDE Stock | | | 117.00 2.50 2.18% |
The Total Risk Alpha signal for Tinde Sparebank reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals.
World Market Map provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Broader economic conditions can influence Tinde Sparebank's company valuation — related indicators include
signals in median.
Tinde Sparebank has current Total Risk Alpha of 0.0622. 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] |
| = | 0.0622 | |
| ER[a] | = | Expected return on investing in Tinde Sparebank |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tinde Sparebank |
| 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
Tinde Sparebank is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
132.65 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Tinde Sparebank sits at
132.65 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Tinde Sparebank to Peers
Other Technical Indicators