Scancell Holdings Total Risk Alpha vs. Kurtosis
| SCNLF Stock | | | USD 0.19 0.00 0.00% |
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Scancell Holdings plc has current Total Risk Alpha of 0.2526. 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] |
| = | 0.2526 | |
| ER[a] | = | Expected return on investing in Scancell Holdings |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Scancell Holdings |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Scancell Holdings Total Risk Alpha Peers Comparison
Scancell Total Risk Alpha Relative To Other Indicators
Scancell Holdings plc is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in kurtosis category among its peers making up about
179.04 of Kurtosis per Total Risk Alpha. The ratio of Kurtosis to Total Risk Alpha for Scancell Holdings plc is roughly
179.04 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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