Baan Rock Total Risk Alpha
| BROCK Stock | | | THB 1.19 0.02 1.65% |
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Baan Rock Garden has current Total Risk Alpha of
(0.39). 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] |
| = | (0.39) | |
| ER[a] | = | Expected return on investing in Baan Rock |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Baan Rock |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Baan Rock Total Risk Alpha Peers Comparison
Baan Total Risk Alpha Relative To Other Indicators
Baan Rock Garden is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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