Welsbach Technology Total Risk Alpha
| WTMADelisted Stock | | | USD 19.00 2.90 18.01% |
The Total Risk Alpha technical lookup provides context for Welsbach Technology Metals and related instruments. Availability can vary by instrument;
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Welsbach Technology Metals has current Total Risk Alpha of 4.0. 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] |
| = | 4.0 | |
| ER[a] | = | Expected return on investing in Welsbach Technology |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Welsbach Technology |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Welsbach Technology Total Risk Alpha Peers Comparison
Welsbach Total Risk Alpha Relative To Other Indicators
Welsbach Technology Metals ranks first in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
19.33 of Maximum Drawdown per Total Risk Alpha. At
19.33 , Welsbach Technology Metals's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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