Sky Century Total Risk Alpha
| SKYI Stock | | | USD 0.10 0.20 66.67% |
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Sky Century Investment has current Total Risk Alpha of 113.73. 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] |
| = | 113.73 | |
| ER[a] | = | Expected return on investing in Sky Century |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sky Century |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sky Century Total Risk Alpha Peers Comparison
Sky Total Risk Alpha Relative To Other Indicators
Sky Century Investment 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
91.74 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Sky Century Investment is roughly
91.74 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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