Rig Tenders total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Rig Tenders Tbk 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
Rig
Rig Tenders Tbk has current Total Risk Alpha of 0.6646. 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]
=
0.6646
ER[a]
=
Expected return on investing in Rig Tenders
ER[b]
=
Expected return on market index or selected benchmark
Rig Tenders Tbk is rated second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about 53.84 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Rig Tenders Tbk is roughly 53.84
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