Ocean Electric Total Risk Alpha

OCEL
 Stock
  

USD 0.03  0.002  6.25%   

Ocean Electric total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Ocean Electric 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 Equity Screeners to view more equity screening tools
  
Ocean Electric has current Total Risk Alpha of 0.1276. 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] 
 = 
0.1276
ER[a] = Expected return on investing in Ocean Electric
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ocean Electric
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Ocean Electric Total Risk Alpha Peers Comparison

Ocean Total Risk Alpha Relative To Other Indicators

Ocean Electric is regarded fourth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  499.75  of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Ocean Electric to Peers

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