Xigem Technologies Total Risk Alpha
| XIGMF Stock | | | USD 0.05 0.00 0.00% |
The Total Risk Alpha technical lookup provides context for Xigem Technologies and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Xigem Technologies has a market cap of 1.14 M, ROE of -2.43%. Review
Your Current Watchlist for broader portfolio context. This reflects a position in Xigem Technologies within the allocation 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 state.
Xigem Technologies has current Total Risk Alpha of 7.82. 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] |
| = | 7.82 | |
| ER[a] | = | Expected return on investing in Xigem Technologies |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Xigem Technologies |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Xigem Technologies Total Risk Alpha Peers Comparison
Xigem Total Risk Alpha Relative To Other Indicators
Xigem Technologies ranks
fourth among pink sheets in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
29.82 Maximum Drawdown per unit of Total Risk Alpha. Xigem Technologies carries a
29.82 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.