Auddia Total Risk Alpha
| AUUD Stock | | | USD 1.55 -0.13 -7.74% |
Total Risk Alpha measures the excess return of an asset after comparing its performance to a benchmark portfolio matched to the same total risk level. Unlike Jensen Alpha, which adjusts for systematic risk (beta) only, Total Risk Alpha accounts for total volatility. Below is Auddia's current Total Risk Alpha with peer comparisons and related risk metrics.
Current Total Risk Alpha Value
A Total Risk Alpha of
-1.07 for Auddia signals negative alpha — return below what market exposure would predict. The magnitude indicates Auddia has materially underperformed its risk-adjusted expected return.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -1.07 | |
| ER[a] | = | Expected return on investing in Auddia |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Auddia |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Among sector peers, Auddia's Total Risk Alpha of -1.0734 is below the 0.13 group average. The range runs from -1.51 (Trugolf) to 2.52 (Urgently Common Stock). Auddia has generated less excess return relative to its market exposure than the peer group average.
Total Risk Alpha Relative To Other Indicators
The chart below plots Total Risk Alpha against Maximum Drawdown for Auddia and its peers. Each point represents one equity — position along the horizontal axis shows Total Risk Alpha while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Auddia to PeersMethodology, Assumptions & Data Sources
The current Total Risk Alpha for Auddia is -1.07. This Total Risk Alpha reading for Auddia results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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