Unite Group Total Risk Alpha
| UTGPF Stock | | | USD 6.08 -0.22 -3.49% |
The Total Risk Alpha calculation for Unite Group draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Unite Group has a market cap of 4.99 B, operating margin of 65.33%, ROE of 15.17%. Portfolio-level context is available through
World Market Map. The holding in Unite Group PLC represents an allocation. Position allocation is driven by the portfolio construction model. 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.
Unite Group PLC has current Total Risk Alpha of 0.0597. 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] |
| = | 0.0597 | |
| ER[a] | = | Expected return on investing in Unite Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Unite Group |
| 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
Unite Group PLC ranks
fifth among pink sheets in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
310.28 Maximum Drawdown per unit of Total Risk Alpha. Unite Group PLC carries a
310.28 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Unite Group to Peers
Other Technical Indicators