| 5371 Stock | | | TWD 69.20 0.80 1.17% |
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Coretronic has current Total Risk Alpha of
(0.47). 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] |
| = | (0.47) | |
| ER[a] | = | Expected return on investing in Coretronic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Coretronic |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Coretronic Total Risk Alpha Peers Comparison
Coretronic Total Risk Alpha Relative To Other Indicators
Coretronic is rated
fifth in total risk alpha category among its peers. It is rated
fourth 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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