Apex International Total Risk Alpha
| 4927 Stock | | | TWD 32.80 0.95 2.98% |
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Apex International Co has current Total Risk Alpha of 0.1212. 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] |
| = | 0.1212 | |
| ER[a] | = | Expected return on investing in Apex International |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Apex International |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Apex International Total Risk Alpha Peers Comparison
Apex Total Risk Alpha Relative To Other Indicators
Apex International Co 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
131.60 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Apex International Co is roughly
131.60 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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