Jupiter Acquisition Total Risk Alpha

JAQCUDelisted Stock  USD 10.40  0.00  0.00%   
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Jupiter Acquisition Corp has current Total Risk Alpha of 0.0029. 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]

 = 
0.0029
ER[a] = Expected return on investing in Jupiter Acquisition
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Jupiter Acquisition
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Jupiter Acquisition Total Risk Alpha Peers Comparison

Jupiter Total Risk Alpha Relative To Other Indicators

Jupiter Acquisition Corp is currently regarded as number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  475.17  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Jupiter Acquisition Corp is roughly  475.17 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.

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