Giant Motorsports Total Risk Alpha
| BZRD Stock | | | USD 0.07 0.01 8.70% |
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Giant Motorsports has current Total Risk Alpha of 1.94. 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] |
| = | 1.94 | |
| ER[a] | = | Expected return on investing in Giant Motorsports |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Giant Motorsports |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Giant Motorsports Total Risk Alpha Peers Comparison
Giant Total Risk Alpha Relative To Other Indicators
Giant Motorsports 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
274.31 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Giant Motorsports is roughly
274.31 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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