Ferrari Group Total Risk Alpha
| FERGR Stock | | | 9.60 0.09 0.95% |
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Ferrari Group PLC has current Total Risk Alpha of 0.0647. 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] |
| = | 0.0647 | |
| ER[a] | = | Expected return on investing in Ferrari Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ferrari Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Ferrari Group Total Risk Alpha Peers Comparison
Ferrari Total Risk Alpha Relative To Other Indicators
Ferrari Group PLC is one of the top stocks in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
126.00 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Ferrari Group PLC is roughly
126.00 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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