PT Surya total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for PT Surya Pertiwi or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
SPTO
PT Surya Pertiwi has current Total Risk Alpha of 0.0911. 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]
=
0.0911
ER[a]
=
Expected return on investing in PT Surya
ER[b]
=
Expected return on market index or selected benchmark
SPTO Total Risk Alpha Relative To Other Indicators
PT Surya Pertiwi 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 77.86 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for PT Surya Pertiwi is roughly 77.86
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