InnoCare Pharma Total Risk Alpha
| INCPF Stock | | | USD 2.05 0.08 3.76% |
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InnoCare Pharma Limited has current Total Risk Alpha of
(1.00). 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] |
| = | (1.00) | |
| ER[a] | = | Expected return on investing in InnoCare Pharma |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on InnoCare Pharma |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
InnoCare Pharma Total Risk Alpha Peers Comparison
InnoCare Total Risk Alpha Relative To Other Indicators
InnoCare Pharma Limited 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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