SMA Solar Total Risk Alpha vs. Skewness

SMTGF Stock  USD 12.73  0.00  0.00%   
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SMA Solar Technology has current Total Risk Alpha of (1.53). 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]

 = 
(1.53)
ER[a] = Expected return on investing in SMA Solar
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SMA Solar
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

SMA Solar Total Risk Alpha Peers Comparison

SMA Total Risk Alpha Relative To Other Indicators

SMA Solar Technology is rated below average in total risk alpha category among its peers. It is currently under evaluation in skewness category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare SMA Solar to Peers

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