Unity Bancorp Total Risk Alpha
| UNTY Stock | | | USD 51.07 -0.04 -0.08% |
This module presents the Total Risk Alpha indicator for Unity Bancorp using available market inputs. The indicator computation uses normalized market activity data. Unity Bancorp has a market cap of 512.21 M, operating margin of 60.56%. See
World Market Map for portfolio-level analysis. Monitoring Unity Bancorp within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Unity Bancorp's company valuation — related indicators include
signals in population.
For more information on Unity Stock please use our
How to Invest in Unity Bancorp overview. It covers the key aspects of trading Unity Stock.
Unity Bancorp has current Total Risk Alpha of 0.0511. 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] |
| = | 0.0511 | |
| ER[a] | = | Expected return on investing in Unity Bancorp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Unity Bancorp |
| 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
Unity Bancorp is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
159.35 of Maximum Drawdown per Total Risk Alpha. At
159.35 , Unity Bancorp's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Unity Bancorp to Peers
Other Technical Indicators