Rise Gold Total Risk Alpha
| RYES Stock | | | USD 0.25 0.01 4.17% |
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Rise Gold Corp has current Total Risk Alpha of
(0.61). 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] |
| = | (0.61) | |
| ER[a] | = | Expected return on investing in Rise Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Rise Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Rise Gold Total Risk Alpha Peers Comparison
Rise Total Risk Alpha Relative To Other Indicators
Rise Gold Corp 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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