First Busey Total Risk Alpha
| BUSE Stock | | | USD 25.44 0.79 3.20% |
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First Busey Corp has current Total Risk Alpha of 0.0548. 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] |
| = | 0.0548 | |
| ER[a] | = | Expected return on investing in First Busey |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on First Busey |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
First Busey Total Risk Alpha Peers Comparison
First Total Risk Alpha Relative To Other Indicators
First Busey Corp is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
143.42 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for First Busey Corp is roughly
143.42 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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