IEntertainment Network Total Risk Alpha
| IENT Stock | | | USD 0.01 0 48.15% |
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iEntertainment Network has current Total Risk Alpha of 2.49. 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] |
| = | 2.49 | |
| ER[a] | = | Expected return on investing in IEntertainment Network |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IEntertainment Network |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IEntertainment Network Total Risk Alpha Peers Comparison
IEntertainment Total Risk Alpha Relative To Other Indicators
iEntertainment Network is rated
third overall in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
190.04 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for iEntertainment Network is roughly
190.04 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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