| 000970 Stock | | | 10.72 0.19 1.74% |
Beijing Zhong total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Beijing Zhong Ke 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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Beijing Zhong Ke has current Total Risk Alpha of 0.0069. 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] |
| = | 0.0069 | |
| ER[a] | = | Expected return on investing in Beijing Zhong |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Beijing Zhong |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Beijing Zhong Total Risk Alpha Peers Comparison
Beijing Total Risk Alpha Relative To Other Indicators
Beijing Zhong Ke is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
2,382 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Beijing Zhong Ke is roughly
2,382 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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