Ultralife Total Risk Alpha

ULBI Stock  USD 6.75  0.03  0.45%   
This dataset for Ultralife reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. This dataset is part of a broader indicator framework including Equity Screeners. Ultralife has a market cap of 112.34 M, operating margin of 3.25%, ROE of -4.5%. Review World Market Map for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. A position in Ultralife appears within the mix. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Ultralife Stock please use our How to Invest in Ultralife guide.
Ultralife has current Total Risk Alpha of 0.6624. 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]

 = 
0.6624
ER[a] = Expected return on investing in Ultralife
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ultralife
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

Ultralife places fifth for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly 28.78 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 28.78 times for Ultralife
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Ultralife to Peers

Other Technical Indicators