| GLDD Stock | | | USD 12.33 0.01 0.08% |
Great Lakes total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Great Lakes Dredge 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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Great Lakes Dredge has current Total Risk Alpha of 0.1589. 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] |
| = | 0.1589 | |
| ER[a] | = | Expected return on investing in Great Lakes |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Great Lakes |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Great Lakes Total Risk Alpha Peers Comparison
Great Total Risk Alpha Relative To Other Indicators
Great Lakes Dredge is rated
# 4 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
84.42 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Great Lakes Dredge is roughly
84.42 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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