Cloudbreak Discovery Total Risk Alpha
| CDBDF Stock | | | USD 0.01 0.00 0.00% |
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Cloudbreak Discovery Plc has current Total Risk Alpha of 9.02. 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] |
| = | 9.02 | |
| ER[a] | = | Expected return on investing in Cloudbreak Discovery |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Cloudbreak Discovery |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Cloudbreak Discovery Total Risk Alpha Peers Comparison
Cloudbreak Total Risk Alpha Relative To Other Indicators
Cloudbreak Discovery Plc 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
149.65 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Cloudbreak Discovery Plc is roughly
149.65 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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