| HCVIU Stock | | | USD 10.71 0.00 0.00% |
Hennessy Capital total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hennessy Capital Investment 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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Hennessy Capital Investment has current Total Risk Alpha of 0.1274. 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] |
| = | 0.1274 | |
| ER[a] | = | Expected return on investing in Hennessy Capital |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hennessy Capital |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hennessy Capital Total Risk Alpha Peers Comparison
Hennessy Total Risk Alpha Relative To Other Indicators
Hennessy Capital Investment is rated
# 3 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
140.79 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hennessy Capital Investment is roughly
140.79 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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