Etron Technology Total Risk Alpha vs. Maximum Drawdown

5351 Stock  TWD 34.65  0.65  1.91%   
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Etron Technology has current Total Risk Alpha of (0.49). 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]

 = 
(0.49)
ER[a] = Expected return on investing in Etron Technology
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Etron Technology
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Etron Technology Total Risk Alpha Peers Comparison

Etron Total Risk Alpha Relative To Other Indicators

Etron Technology is rated fourth 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.
Compare Etron Technology to Peers

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