Bitmis Corp Total Risk Alpha
| BIMT Stock | | | USD 33.60 0.00 0.00% |
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Bitmis Corp has current Total Risk Alpha of 0.9558. 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] |
| = | 0.9558 | |
| ER[a] | = | Expected return on investing in Bitmis Corp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bitmis Corp |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Bitmis Corp Total Risk Alpha Peers Comparison
Bitmis Total Risk Alpha Relative To Other Indicators
Bitmis Corp 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
1,422 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bitmis Corp is roughly
1,422 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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