| 1536 Stock | | | TWD 63.10 3.30 4.97% |
Hota Industrial total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hota Industrial Mfg 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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Hota Industrial Mfg has current Total Risk Alpha of
(0.43). 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] |
| = | (0.43) | |
| ER[a] | = | Expected return on investing in Hota Industrial |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hota Industrial |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hota Industrial Total Risk Alpha Peers Comparison
Hota Total Risk Alpha Relative To Other Indicators
Hota Industrial Mfg is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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