New Advanced Total Risk Alpha

3465 Stock  TWD 53.50  1.50  2.88%   
New Advanced total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for New Advanced Electronics 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 Equity Screeners to view more equity screening tools
  
New Advanced Electronics has current Total Risk Alpha of (0.54). 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]

 = 
(0.54)
ER[a] = Expected return on investing in New Advanced
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on New Advanced
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

New Advanced Total Risk Alpha Peers Comparison

New Total Risk Alpha Relative To Other Indicators

New Advanced Electronics is rated fifth 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.
Compare New Advanced to Peers

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