Actuate Therapeutics, Total Risk Alpha
| ACTU Stock | | | 6.56 0.05 0.76% |
Actuate Therapeutics, total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Actuate Therapeutics, Common or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Actuate Therapeutics, Common has current Total Risk Alpha of
(0.37). 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] |
| = | (0.37) | |
| ER[a] | = | Expected return on investing in Actuate Therapeutics, |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Actuate Therapeutics, |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Actuate Therapeutics, Total Risk Alpha Peers Comparison
Actuate Total Risk Alpha Relative To Other Indicators
Actuate Therapeutics, Common is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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