Pelita Teknologi Total Risk Alpha
| CHIP Stock | | | 1,340 10.00 0.75% |
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Pelita Teknologi Global has current Total Risk Alpha of
(0.23). 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] |
| = | (0.23) | |
| ER[a] | = | Expected return on investing in Pelita Teknologi |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Pelita Teknologi |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Pelita Teknologi Total Risk Alpha Peers Comparison
Pelita Total Risk Alpha Relative To Other Indicators
Pelita Teknologi Global is rated
fifth 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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