First Guaranty Total Risk Alpha

FGBI Stock  USD 13.40  0.08  0.59%   
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First Guaranty Bancshares has current Total Risk Alpha of 0.1108. 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]

 = 
0.1108
ER[a] = Expected return on investing in First Guaranty
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on First Guaranty
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

First Guaranty Total Risk Alpha Peers Comparison

First Total Risk Alpha Relative To Other Indicators

First Guaranty Bancshares 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  71.95  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for First Guaranty Bancshares is roughly  71.95 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare First Guaranty to Peers

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