Filtronic Plc Total Risk Alpha
| FLTCF Stock | | | USD 2.03 0.05 2.53% |
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Filtronic plc has current Total Risk Alpha of 0.0395. 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] |
| = | 0.0395 | |
| ER[a] | = | Expected return on investing in Filtronic Plc |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Filtronic Plc |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Filtronic Plc Total Risk Alpha Peers Comparison
Filtronic Total Risk Alpha Relative To Other Indicators
Filtronic plc is rated
# 3 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
340.81 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Filtronic plc is roughly
340.81 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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