| 5009 Stock | | | TWD 47.95 1.00 2.04% |
Gloria Material total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Gloria Material 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
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Gloria Material Technology has current Total Risk Alpha of
(0.16). 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] |
| = | (0.16) | |
| ER[a] | = | Expected return on investing in Gloria Material |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Gloria Material |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Gloria Material Total Risk Alpha Peers Comparison
Gloria Total Risk Alpha Relative To Other Indicators
Gloria Material Technology is rated
third in total risk alpha category among its peers. It is rated
below average 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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