| 4119 Stock | | | TWD 97.50 0.50 0.51% |
SCI Pharmtech total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for SCI Pharmtech 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
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SCI Pharmtech has current Total Risk Alpha of 0.0114. 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] |
| = | 0.0114 | |
| ER[a] | = | Expected return on investing in SCI Pharmtech |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SCI Pharmtech |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SCI Pharmtech Total Risk Alpha Peers Comparison
SCI Total Risk Alpha Relative To Other Indicators
SCI Pharmtech 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
381.91 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SCI Pharmtech is roughly
381.91 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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