Hangzhou Chang Total Risk Alpha
| 300604 Stock | | | 138.50 1.20 0.87% |
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Hangzhou Chang Chuan has current Total Risk Alpha of 0.329. 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] |
| = | 0.329 | |
| ER[a] | = | Expected return on investing in Hangzhou Chang |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hangzhou Chang |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hangzhou Chang Total Risk Alpha Peers Comparison
Hangzhou Total Risk Alpha Relative To Other Indicators
Hangzhou Chang Chuan is number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
53.60 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hangzhou Chang Chuan is roughly
53.60 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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