KENYA MERCIAL technical analysis lookup allows you to check this and other technical indicators for KENYA MERCIAL BANK 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
KENYA MERCIAL BANK has current Total Risk Alpha of 0.4826. 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]
=
0.4826
ER[a]
=
Expected return on investing in KENYA MERCIAL
ER[b]
=
Expected return on market index or selected benchmark
KENYA Total Risk Alpha Relative To Other Indicators
KENYA MERCIAL BANK is rated second overall in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers fabricating about 6.80 of Treynor Ratio per Total Risk Alpha. The ratio of Treynor Ratio to Total Risk Alpha for KENYA MERCIAL BANK is roughly 6.80
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