Primoco UAV Total Risk Alpha
| PRIUA Stock | | | 1,070 10.00 0.93% |
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Primoco UAV SE has current Total Risk Alpha of 0.0458. 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] |
| = | 0.0458 | |
| ER[a] | = | Expected return on investing in Primoco UAV |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Primoco UAV |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Primoco UAV Total Risk Alpha Peers Comparison
Primoco Total Risk Alpha Relative To Other Indicators
Primoco UAV SE is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
230.13 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Primoco UAV SE is roughly
230.13 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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