Vitreous Glass Total Risk Alpha
| VCIGF Stock | | | USD 4.64 0.00 0.00% |
The Total Risk Alpha calculation for Vitreous Glass draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Vitreous Glass has a market cap of 20.88 M, operating margin of 29.6%, ROE of 51.6%. Review
World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. This reflects a position in Vitreous Glass. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Vitreous Glass has current Total Risk Alpha of 0.2287. 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] |
| = | 0.2287 | |
| ER[a] | = | Expected return on investing in Vitreous Glass |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vitreous Glass |
| 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
Vitreous Glass is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
29.15 Maximum Drawdown per unit of Total Risk Alpha. Vitreous Glass carries a
29.15 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 Vitreous Glass to Peers
Other Technical Indicators