Paladin Energy Total Risk Alpha

PDN Stock  CAD 6.12  0.13  2.08%   
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Paladin Energy has current Total Risk Alpha of (0.04). 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]

 = 
(0.04)
ER[a] = Expected return on investing in Paladin Energy
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Paladin Energy
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Paladin Energy Total Risk Alpha Peers Comparison

Paladin Total Risk Alpha Relative To Other Indicators

Paladin Energy is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
JavaScript chart by amCharts 3.21.15AVGOLLYMETABRKGOOGAMZNPDN 010203040 00.10.20.30.40.50.6
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Paladin Energy to Peers

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