Nishoku Technology total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Nishoku Technology 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
Nishoku
Nishoku Technology has current Total Risk Alpha of 0.456. 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]
=
0.456
ER[a]
=
Expected return on investing in Nishoku Technology
ER[b]
=
Expected return on market index or selected benchmark
Nishoku Technology Total Risk Alpha Peers Comparison
Nishoku Total Risk Alpha Relative To Other Indicators
Nishoku Technology is rated third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about 24.99 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Nishoku Technology is roughly 24.99
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