White Gold Total Risk Alpha
| WGO Stock | | | CAD 1.86 0.09 5.08% |
White Gold total risk alpha lookup summarizes this and related technical indicators for White Gold Corp. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. White Gold has a market cap of 391.94 M, ROE of -1.97%. See
Your Current Watchlist for portfolio-level analysis. This suggests a position in White Gold Corp in the portfolio view. 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.
White Gold Corp has current Total Risk Alpha of 1.25. 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] |
| = | 1.25 | |
| ER[a] | = | Expected return on investing in White Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on White Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
White Gold Total Risk Alpha Peers Comparison
White Total Risk Alpha Relative To Other Indicators
White Gold Corp falls in the
second position for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
17.86 ratio of Maximum Drawdown to Total Risk Alpha. White Gold Corp's Maximum Drawdown exceeds Total Risk Alpha by a factor of
17.86 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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