BerjayaBerhad Total Risk Alpha
| BRYAF Stock | | | USD 0.07 0.00 0.00% |
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Berjaya Berhad has current Total Risk Alpha of 1.29. 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] |
| = | 1.29 | |
| ER[a] | = | Expected return on investing in BerjayaBerhad |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BerjayaBerhad |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BerjayaBerhad Total Risk Alpha Peers Comparison
BerjayaBerhad Total Risk Alpha Relative To Other Indicators
Berjaya Berhad 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
105.39 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Berjaya Berhad is roughly
105.39 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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