Crest Resources Total Risk Alpha
| CRSTF Stock | | | USD 0.06 0.00 0.00% |
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Crest Resources has current Total Risk Alpha of 9.76. 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] |
| = | 9.76 | |
| ER[a] | = | Expected return on investing in Crest Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Crest Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Crest Resources Total Risk Alpha Peers Comparison
Crest Total Risk Alpha Relative To Other Indicators
Crest Resources is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
130.17 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Crest Resources is roughly
130.17 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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