Junee Limited total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Junee Limited Ordinary 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 Equity Screeners to view more equity screening tools
Junee
Junee Limited Ordinary has current Total Risk Alpha of 0.6183. 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]
=
0.6183
ER[a]
=
Expected return on investing in Junee Limited
ER[b]
=
Expected return on market index or selected benchmark
Junee Total Risk Alpha Relative To Other Indicators
Junee Limited Ordinary is considered the top ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about 39.39 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Junee Limited Ordinary is roughly 39.39
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