Majestic Capital Total Risk Alpha
| MAJCQ Stock | | | USD 0.0002 0.00 0.00% |
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Majestic Capital has current Total Risk Alpha of 0.5133. 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] |
| = | 0.5133 | |
| ER[a] | = | Expected return on investing in Majestic Capital |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Majestic Capital |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Majestic Capital Total Risk Alpha Peers Comparison
Majestic Total Risk Alpha Relative To Other Indicators
Majestic Capital is regarded
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
194.82 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Majestic Capital is roughly
194.82 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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