| HUB Stock | | | 74.20 0.79 1.05% |
Hub24 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hub24 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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Hub24 has current Total Risk Alpha of 0.306. 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] |
| = | 0.306 | |
| ER[a] | = | Expected return on investing in Hub24 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hub24 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hub24 Total Risk Alpha Peers Comparison
Hub24 Total Risk Alpha Relative To Other Indicators
Hub24 is one of the top stocks in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
15.81 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hub24 is roughly
15.81 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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