| NRC Stock | | | NOK 4.97 0.11 2.17% |
NRC Group technical analysis lookup allows you to check this and other technical indicators for NRC Group ASA 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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NRC Group ASA has current Total Risk Alpha of 0.4298. 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] |
| = | 0.4298 | |
| ER[a] | = | Expected return on investing in NRC Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NRC Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NRC Group Total Risk Alpha Peers Comparison
NRC Total Risk Alpha Relative To Other Indicators
NRC Group ASA is considered to be number one stock in total risk alpha category among its peers. It is currently under evaluation in downside variance category among its peers reporting about
53.96 of Downside Variance per Total Risk Alpha. The ratio of Downside Variance to Total Risk Alpha for NRC Group ASA is roughly
53.96 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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