Puriblood Medical Total Risk Alpha
| 6847 Stock | | | 73.30 3.30 4.31% |
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Puriblood Medical Co has current Total Risk Alpha of 0.0629. 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] |
| = | 0.0629 | |
| ER[a] | = | Expected return on investing in Puriblood Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Puriblood Medical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Puriblood Medical Total Risk Alpha Peers Comparison
Puriblood Total Risk Alpha Relative To Other Indicators
Puriblood Medical Co is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
303.51 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Puriblood Medical Co is roughly
303.51 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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