Blackboxstocks Total Risk Alpha
| BLBXDelisted Delisted Stock | | | USD 8.98 0.09 1.01% |
This reference covers Total Risk Alpha for Blackboxstocks, with current readings, historical data, and sector peer comparisons. Readings derive from end-of-day data and refresh with each new trading session. Use
Blackboxstocks Volatility alongside
Blackboxstocks Price History to build context for Blackboxstocks.
Current Total Risk Alpha Value
The Total Risk Alpha of 0.2403 for Blackboxstocks indicates positive alpha — return above what market exposure alone would predict. Blackboxstocks has generated modest excess return beyond what its systematic risk exposure explains.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.2403 | |
| ER[a] | = | Expected return on investing in Blackboxstocks |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Blackboxstocks |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Blackboxstocks's Total Risk Alpha of 0.2403 falls above the 0.21 peer average. Values range from -1.683 (Focus Universal) to 3.01 (Firefly Neuroscience), with wide dispersion across the group. Blackboxstocks has generated more 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 Blackboxstocks 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.
Blackboxstocks's Maximum Drawdown of
51.46 runs about
214.14 times its Total Risk Alpha of
0.24 . This indicates Maximum Drawdown substantially exceeds Total Risk Alpha for Blackboxstocks.
Methodology, Assumptions & Data Sources
Blackboxstocks has a current Total Risk Alpha reading of 0.2403. The Total Risk Alpha for Blackboxstocks applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
Other Technical Indicators