Argentum Total Risk Alpha
| ARGQ Stock | | | USD 0.01 0.00 0.00% |
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Argentum 47 has current Total Risk Alpha of 0.8285. 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] |
| = | 0.8285 | |
| ER[a] | = | Expected return on investing in Argentum |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Argentum |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Argentum Total Risk Alpha Peers Comparison
Argentum Total Risk Alpha Relative To Other Indicators
Argentum 47 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
303.36 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Argentum 47 is roughly
303.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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