Dpm Metals Total Risk Alpha
| DPM Stock | | | 47.00 0.61 1.28% |
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Dpm Metals has current Total Risk Alpha of 0.2333. 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] |
| = | 0.2333 | |
| ER[a] | = | Expected return on investing in Dpm Metals |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Dpm Metals |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Dpm Metals Total Risk Alpha Peers Comparison
Dpm Total Risk Alpha Relative To Other Indicators
Dpm Metals is rated
# 3 in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
50.70 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Dpm Metals is roughly
50.70 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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