| HSOAX Fund | | | USD 10.31 0.03 0.29% |
Hsbc Opportunity total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hsbc Opportunity Fund 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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Hsbc Opportunity Fund has current Total Risk Alpha of 3.0E-4. 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] |
| = | 3.0E-4 | |
| ER[a] | = | Expected return on investing in Hsbc Opportunity |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hsbc Opportunity |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hsbc Opportunity Total Risk Alpha Peers Comparison
Hsbc Total Risk Alpha Relative To Other Indicators
Hsbc Opportunity Fund is rated
below average in total risk alpha among similar funds. It is rated
# 3 fund in maximum drawdown among similar funds reporting about
23,653 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hsbc Opportunity Fund is roughly
23,653 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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