LB Pharmaceuticals Total Risk Alpha
| LBRX Stock | | | 22.15 0.15 0.68% |
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LB Pharmaceuticals Common has current Total Risk Alpha of 0.128. 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] |
| = | 0.128 | |
| ER[a] | = | Expected return on investing in LB Pharmaceuticals |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LB Pharmaceuticals |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
LB Pharmaceuticals Total Risk Alpha Peers Comparison
LBRX Total Risk Alpha Relative To Other Indicators
LB Pharmaceuticals Common is rated
fourth overall in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
163.91 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for LB Pharmaceuticals Common is roughly
163.91 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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