| REDS Stock | | | SEK 6.30 0.02 0.32% |
Redsense Medical total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Redsense Medical AB 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
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Redsense Medical AB has current Total Risk Alpha of
(0.69). 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] |
| = | (0.69) | |
| ER[a] | = | Expected return on investing in Redsense Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Redsense Medical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Redsense Medical Total Risk Alpha Peers Comparison
Redsense Total Risk Alpha Relative To Other Indicators
Redsense Medical AB is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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