Slave Lake Total Risk Alpha
| SLZNF Stock | | | USD 0.03 0.00 0.00% |
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Slave Lake Zinc has current Total Risk Alpha of 10.29. 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] |
| = | 10.29 | |
| ER[a] | = | Expected return on investing in Slave Lake |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Slave Lake |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Slave Lake Total Risk Alpha Peers Comparison
Slave Total Risk Alpha Relative To Other Indicators
Slave Lake Zinc is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
242.19 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Slave Lake Zinc is roughly
242.19 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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