UP Fintech Total Risk Alpha
| 0A32 Stock | | | 9.72 0.30 2.99% |
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UP Fintech Holding has current Total Risk Alpha of 0.0081. 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] |
| = | 0.0081 | |
| ER[a] | = | Expected return on investing in UP Fintech |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on UP Fintech |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
UP Fintech Total Risk Alpha Peers Comparison
0A32 Total Risk Alpha Relative To Other Indicators
UP Fintech Holding is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
2,050 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for UP Fintech Holding is roughly
2,050 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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