CN MODERN Total Risk Alpha
| 07M Stock | | | EUR 0.16 0.00 0.00% |
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CN MODERN DAIRY has current Total Risk Alpha of 0.1441. 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] |
| = | 0.1441 | |
| ER[a] | = | Expected return on investing in CN MODERN |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CN MODERN |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CN MODERN Total Risk Alpha Peers Comparison
07M Total Risk Alpha Relative To Other Indicators
CN MODERN DAIRY is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
133.35 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CN MODERN DAIRY is roughly
133.35 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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