Eclat Forever Total Risk Alpha
| 3485 Stock | | | TWD 141.50 1.00 0.71% |
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Eclat Forever Machinery has current Total Risk Alpha of 0.4842. 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] |
| = | 0.4842 | |
| ER[a] | = | Expected return on investing in Eclat Forever |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Eclat Forever |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Eclat Forever Total Risk Alpha Peers Comparison
Eclat Total Risk Alpha Relative To Other Indicators
Eclat Forever Machinery 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
47.53 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Eclat Forever Machinery is roughly
47.53 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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