Supreme Electronics Total Risk Alpha
| 8112 Stock | | | TWD 75.80 1.60 2.16% |
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Supreme Electronics Co has current Total Risk Alpha of 0.4289. 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] |
| = | 0.4289 | |
| ER[a] | = | Expected return on investing in Supreme Electronics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Supreme Electronics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Supreme Electronics Total Risk Alpha Peers Comparison
Supreme Total Risk Alpha Relative To Other Indicators
Supreme Electronics Co 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
35.49 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Supreme Electronics Co is roughly
35.49 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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