Nonthavej Hospital Total Risk Alpha

NTV Stock  THB 29.25  0.25  0.85%   
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Nonthavej Hospital Public has current Total Risk Alpha of 0.0464. 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]

 = 
0.0464
ER[a] = Expected return on investing in Nonthavej Hospital
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Nonthavej Hospital
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Nonthavej Hospital Total Risk Alpha Peers Comparison

00.0464-0.01580.2921-0.1711100%

Nonthavej Total Risk Alpha Relative To Other Indicators

Nonthavej Hospital Public is regarded fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  151.27  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Nonthavej Hospital Public is roughly  151.27 
JavaScript chart by amCharts 3.21.15NEWAHCKDHBHRAMNTV 01020304050 00.51.01.52.0
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nonthavej Hospital to Peers

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