Perenti Global Total Risk Alpha vs. Skewness
| AUSDF Stock | | | USD 2.00 0.10 5.26% |
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Perenti Global Limited has current Total Risk Alpha of 0.0361. 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] |
| = | 0.0361 | |
| ER[a] | = | Expected return on investing in Perenti Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Perenti Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Perenti Global Total Risk Alpha Peers Comparison
Perenti Total Risk Alpha Relative To Other Indicators
Perenti Global Limited is rated
fifth in total risk alpha category among its peers. It is currently under evaluation in skewness category among its peers making up about
131.72 of Skewness per Total Risk Alpha. The ratio of Skewness to Total Risk Alpha for Perenti Global Limited is roughly
131.72 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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