Endur ASA Total Risk Alpha
| ENDUR Stock | | | NOK 104.20 0.20 0.19% |
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Endur ASA has current Total Risk Alpha of 0.1993. 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] |
| = | 0.1993 | |
| ER[a] | = | Expected return on investing in Endur ASA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Endur ASA |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Endur ASA Total Risk Alpha Peers Comparison
Endur Total Risk Alpha Relative To Other Indicators
Endur ASA is rated
# 2 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
30.64 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Endur ASA is roughly
30.64 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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