SinoMedia Holding Total Risk Alpha
| SJY Stock | | | EUR 0.20 0.00 0.00% |
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SinoMedia Holding Limited has current Total Risk Alpha of 0.3057. 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] |
| = | 0.3057 | |
| ER[a] | = | Expected return on investing in SinoMedia Holding |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SinoMedia Holding |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SinoMedia Holding Total Risk Alpha Peers Comparison
SinoMedia Total Risk Alpha Relative To Other Indicators
SinoMedia Holding Limited is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
119.44 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SinoMedia Holding Limited is roughly
119.44 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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