Bit Brother Total Risk Alpha
| BETSF Stock | | | 0.0002 0.0002 50.00% |
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Bit Brother Limited has current Total Risk Alpha of 7.51. 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] |
| = | 7.51 | |
| ER[a] | = | Expected return on investing in Bit Brother |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bit Brother |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Bit Brother Total Risk Alpha Peers Comparison
Bit Total Risk Alpha Relative To Other Indicators
Bit Brother Limited 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
129.12 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bit Brother Limited is roughly
129.13 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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