Labrador Uranium Total Risk Alpha

LURAFDelisted Stock  USD 0.17  0.00  0.00%   
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Labrador Uranium has current Total Risk Alpha of 0. 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
ER[a] = Expected return on investing in Labrador Uranium
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Labrador Uranium
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Labrador Uranium Total Risk Alpha Peers Comparison

Labrador Total Risk Alpha Relative To Other Indicators

Labrador Uranium is rated second overall in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.

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