Poly Property Total Risk Alpha
| PHKIF Stock | | | USD 0.28 0.00 0.00% |
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Poly Property Group has current Total Risk Alpha of 0.3655. 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] |
| = | 0.3655 | |
| ER[a] | = | Expected return on investing in Poly Property |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Poly Property |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Poly Property Total Risk Alpha Peers Comparison
Poly Total Risk Alpha Relative To Other Indicators
Poly Property Group 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
161.58 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Poly Property Group is roughly
161.58 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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