Valeura Energy Total Risk Alpha
| VLE Stock | | | CAD 14.52 0.09 0.62% |
Valeura Energy total risk alpha lookup summarizes this and related technical indicators for Valeura Energy. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Valeura Energy has a market cap of 1.53 B, operating margin of 29.3%, ROE of 57.15%. See
World Market Map for portfolio-level analysis. This reflects a position in Valeura Energy across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Valeura Energy has current Total Risk Alpha of 1.07. 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] |
| = | 1.07 | |
| ER[a] | = | Expected return on investing in Valeura Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Valeura Energy |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Valeura Energy Total Risk Alpha Peers Comparison
Valeura Total Risk Alpha Relative To Other Indicators
Valeura Energy lands at
#2 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
9.80 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Valeura Energy sits at
9.80 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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