Bolt Metals Total Risk Alpha
| PCRCF Stock | | | USD 0.35 0.00 0.00% |
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Bolt Metals Corp has current Total Risk Alpha of 65.46. 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] |
| = | 65.46 | |
| ER[a] | = | Expected return on investing in Bolt Metals |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bolt Metals |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Bolt Metals Total Risk Alpha Peers Comparison
Bolt Total Risk Alpha Relative To Other Indicators
Bolt Metals Corp is considered to be number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
67.15 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bolt Metals Corp is roughly
67.15 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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