| ALXO Stock | | | USD 1.05 0.02 1.87% |
Alx Oncology total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Alx Oncology Holdings 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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Alx Oncology Holdings has current Total Risk Alpha of 0.0036. 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] |
| = | 0.0036 | |
| ER[a] | = | Expected return on investing in Alx Oncology |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alx Oncology |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Alx Oncology Total Risk Alpha Peers Comparison
Alx Total Risk Alpha Relative To Other Indicators
Alx Oncology Holdings is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
9,944 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Alx Oncology Holdings is roughly
9,944 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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