Medistim ASA Total Risk Alpha

MEDI Stock  NOK 178.00  3.50  1.93%   
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Medistim ASA has current Total Risk Alpha of 0.6107. 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]

 = 
0.6107
ER[a] = Expected return on investing in Medistim ASA
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Medistim ASA
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Medistim ASA Total Risk Alpha Peers Comparison

00.61070.7830.30470.2441100%

Medistim Total Risk Alpha Relative To Other Indicators

Medistim ASA 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  21.22  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Medistim ASA is roughly  21.22 
JavaScript chart by amCharts 3.21.15KITPHOAFGBRGAFKMEDI 0246810121416 00.20.40.60.81.0
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Medistim ASA to Peers

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