Berjaya Sports Total Risk Alpha
| BJSAFDelisted Stock | | | USD 0.60 0.00 0.00% |
Berjaya Sports total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Berjaya Sports Toto or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Berjaya Sports Toto has current Total Risk Alpha of 0.0057. 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] |
| = | 0.0057 | |
| ER[a] | = | Expected return on investing in Berjaya Sports |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Berjaya Sports |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Berjaya Sports Total Risk Alpha Peers Comparison
Berjaya Total Risk Alpha Relative To Other Indicators
Berjaya Sports Toto is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
604.96 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Berjaya Sports Toto is roughly
604.96 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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