Entero Therapeutics Total Risk Alpha
| ENTODelisted Stock | | | 2.94 0.16 5.16% |
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Entero Therapeutics has current Total Risk Alpha of 0.0459. 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] |
| = | 0.0459 | |
| ER[a] | = | Expected return on investing in Entero Therapeutics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Entero Therapeutics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Entero Therapeutics Total Risk Alpha Peers Comparison
Entero Total Risk Alpha Relative To Other Indicators
Entero Therapeutics is rated
# 4 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
1,236 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Entero Therapeutics is roughly
1,236 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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