PT Bank Total Risk Alpha
| NKX Stock | | | EUR 0.09 0.00 0.00% |
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PT Bank CIMB has current Total Risk Alpha of 0.047. 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] |
| = | 0.047 | |
| ER[a] | = | Expected return on investing in PT Bank |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PT Bank |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PT Bank Total Risk Alpha Peers Comparison
NKX Total Risk Alpha Relative To Other Indicators
PT Bank CIMB 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
193.42 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for PT Bank CIMB is roughly
193.42 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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