Los Andes Total Risk Alpha
| LSANF Stock | | | USD 6.75 0.01 0.15% |
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Los Andes Copper has current Total Risk Alpha of 0.0487. 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] |
| = | 0.0487 | |
| ER[a] | = | Expected return on investing in Los Andes |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Los Andes |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Los Andes Total Risk Alpha Peers Comparison
Los Total Risk Alpha Relative To Other Indicators
Los Andes Copper is rated
fifth overall in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
203.41 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Los Andes Copper is roughly
203.41 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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