MANAS RES Total Risk Alpha
| MN4 Stock | | | EUR 0.44 0.00 0.00% |
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MANAS RES has current Total Risk Alpha of 0.6419. 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] |
| = | 0.6419 | |
| ER[a] | = | Expected return on investing in MANAS RES |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MANAS RES |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
MANAS RES Total Risk Alpha Peers Comparison
MANAS Total Risk Alpha Relative To Other Indicators
MANAS RES is considered to be number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
25.75 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for MANAS RES is roughly
25.75 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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