Steminent Biotherapeutics Total Risk Alpha
| 7729 Stock | | | 80.90 5.50 6.37% |
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Steminent Biotherapeutics has current Total Risk Alpha of 1.17. 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] |
| = | 1.17 | |
| ER[a] | = | Expected return on investing in Steminent Biotherapeutics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Steminent Biotherapeutics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Steminent Biotherapeutics Total Risk Alpha Peers Comparison
Steminent Total Risk Alpha Relative To Other Indicators
Steminent Biotherapeutics is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
20.59 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Steminent Biotherapeutics is roughly
20.59 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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