Centuria Capital Total Risk Alpha
| CNECF Stock | | | USD 1.03 0.00 0.00% |
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Centuria Capital Group has current Total Risk Alpha of 0.0032. 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] |
| = | 0.0032 | |
| ER[a] | = | Expected return on investing in Centuria Capital |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Centuria Capital |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Centuria Capital Total Risk Alpha Peers Comparison
Centuria Total Risk Alpha Relative To Other Indicators
Centuria Capital Group is rated
fifth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
4,402 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Centuria Capital Group is roughly
4,402 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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