Herms International Total Risk Alpha

HMI Stock  EUR 2,313  4.00  0.17%   
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Herms International Socit has current Total Risk Alpha of 0.1839. 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]

 = 
0.1839
ER[a] = Expected return on investing in Herms International
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Herms International
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Herms International Total Risk Alpha Peers Comparison

Herms Total Risk Alpha Relative To Other Indicators

Herms International Socit is rated # 2 in total risk alpha category among its peers. It is rated # 3 in maximum drawdown category among its peers reporting about  85.26  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Herms International Socit is roughly  85.26 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Herms International to Peers

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