Vision Marine Total Risk Alpha
| VMAR Stock | | | USD 2.39 -0.08 -3.24% |
Vision Marine total risk alpha lookup summarizes this and related technical indicators for Vision Marine Technologies. Coverage varies by data normalization and availability; see
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Vision Marine Technologies has current Total Risk Alpha of
-2.48. 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] |
| = | -2.48 | |
| ER[a] | = | Expected return on investing in Vision Marine |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vision Marine |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Vision Marine Total Risk Alpha Peers Comparison
Vision Total Risk Alpha Relative To Other Indicators
Vision Marine Technologies is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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