MISUMI GROUP total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for MISUMI GROUP INC or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
MISUMI
MISUMI GROUP INC has current Total Risk Alpha of 0.1596. 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]
=
0.1596
ER[a]
=
Expected return on investing in MISUMI GROUP
ER[b]
=
Expected return on market index or selected benchmark
MISUMI Total Risk Alpha Relative To Other Indicators
MISUMI GROUP INC is rated below average in total risk alpha category among its peers. It is considered to be number one stock in maximum drawdown category among its peers reporting about 85.93 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for MISUMI GROUP INC is roughly 85.93
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