Poindus Systems Total Risk Alpha
| 6599 Stock | | | 58.00 0.70 1.22% |
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Poindus Systems Corp has current Total Risk Alpha of 0.2506. 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] |
| = | 0.2506 | |
| ER[a] | = | Expected return on investing in Poindus Systems |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Poindus Systems |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Poindus Systems Total Risk Alpha Peers Comparison
Poindus Total Risk Alpha Relative To Other Indicators
Poindus Systems Corp is number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
21.26 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Poindus Systems Corp is roughly
21.26 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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