Galenica Sante Total Risk Alpha
| GALE Stock | | | CHF 101.90 0.70 0.69% |
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Galenica Sante AG has current Total Risk Alpha of 0.193. 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] |
| = | 0.193 | |
| ER[a] | = | Expected return on investing in Galenica Sante |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Galenica Sante |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Galenica Sante Total Risk Alpha Peers Comparison
Galenica Total Risk Alpha Relative To Other Indicators
Galenica Sante AG 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
16.26 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Galenica Sante AG is roughly
16.26 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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