| FMX Stock | | | USD 86.64 0.27 0.31% |
Fomento Economico total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fomento Economico Mexicano or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Fomento Economico Mexicano has current Total Risk Alpha of
(0.46). 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] |
| = | (0.46) | |
| ER[a] | = | Expected return on investing in Fomento Economico |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fomento Economico |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Fomento Economico Total Risk Alpha Peers Comparison
Fomento Total Risk Alpha Relative To Other Indicators
Fomento Economico Mexicano is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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