Global Lighting Total Risk Alpha
| 4935 Stock | | | TWD 37.70 1.25 3.21% |
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Global Lighting Technologies has current Total Risk Alpha of
(0.17). 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] |
| = | (0.17) | |
| ER[a] | = | Expected return on investing in Global Lighting |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Global Lighting |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Global Lighting Total Risk Alpha Peers Comparison
Global Total Risk Alpha Relative To Other Indicators
Global Lighting Technologies is rated
below average 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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