BaaS Innovation Total Risk Alpha
| 3555 Stock | | | TWD 85.90 1.30 1.49% |
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BaaS Innovation Co has current Total Risk Alpha of
(0.12). 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] |
| = | (0.12) | |
| ER[a] | = | Expected return on investing in BaaS Innovation |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BaaS Innovation |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BaaS Innovation Total Risk Alpha Peers Comparison
BaaS Total Risk Alpha Relative To Other Indicators
BaaS Innovation Co is rated
second 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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