Anxo Pharmaceutical Total Risk Alpha
| 6677 Stock | | | 19.40 0.40 2.02% |
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Anxo Pharmaceutical Co has current Total Risk Alpha of
(0.56). 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] |
| = | (0.56) | |
| ER[a] | = | Expected return on investing in Anxo Pharmaceutical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Anxo Pharmaceutical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Anxo Pharmaceutical Total Risk Alpha Peers Comparison
Anxo Total Risk Alpha Relative To Other Indicators
Anxo Pharmaceutical Co 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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