United Paragon Total Risk Alpha
| UPM Stock | | | 0.0041 -0.0003 -6.82% |
The Total Risk Alpha indicator for United Paragon is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners. United Paragon has a market cap of 1.28 B. See
World Market Map for additional portfolio context. The view frames allocation within the broader portfolio. Portfolio data reflects current holdings and their weights. This captures an allocation to United Paragon Mining. This is part of the broader portfolio composition. 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.
United Paragon Mining has current Total Risk Alpha of 0.4991. 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] |
| = | 0.4991 | |
| ER[a] | = | Expected return on investing in United Paragon |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on United Paragon |
| 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
United Paragon Mining holds the
#4 position for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
63.15 . The Maximum Drawdown to Total Risk Alpha ratio for United Paragon Mining comes in at
63.15 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare United Paragon to Peers
Other Technical Indicators