Edgewater Wireless Total Risk Alpha
| YFI Stock | | | CAD 0.05 0.01 25.00% |
Observed values used to calculate the Total Risk Alpha technical indicator for Edgewater Wireless Systems. Values may reflect normalized price or volume observations.
Edgewater Wireless Systems has current Total Risk Alpha of 1.53. 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] |
| = | 1.53 | |
| ER[a] | = | Expected return on investing in Edgewater Wireless |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Edgewater Wireless |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Edgewater Wireless Systems 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
29.39 ratio of Maximum Drawdown to Total Risk Alpha. Edgewater Wireless Systems's Maximum Drawdown exceeds Total Risk Alpha by a factor of
29.39 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Edgewater Wireless to Peers
Other Technical Indicators