Macpac Films Total Risk Alpha
| MACFL Stock | | | 30.45 2.77 10.01% |
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Macpac Films has current Total Risk Alpha of 0.1129. 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] |
| = | 0.1129 | |
| ER[a] | = | Expected return on investing in Macpac Films |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Macpac Films |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Macpac Films Total Risk Alpha Peers Comparison
Macpac Total Risk Alpha Relative To Other Indicators
Macpac Films is regarded
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
152.81 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Macpac Films is roughly
152.81 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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