Precious Metals total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Precious Metals Ultrasector 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
Precious
Precious Metals Ultrasector has current Total Risk Alpha of 0.8068. 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]
=
0.8068
ER[a]
=
Expected return on investing in Precious Metals
ER[b]
=
Expected return on market index or selected benchmark
Precious Total Risk Alpha Relative To Other Indicators
Precious Metals Ultrasector is rated top fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 14.71 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Precious Metals Ultrasector is roughly 14.71
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