Spirits Time Total Risk Alpha
| SRSG Stock | | | USD 0.0002 0.00 0.00% |
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Spirits Time International has current Total Risk Alpha of 0.421. 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] |
| = | 0.421 | |
| ER[a] | = | Expected return on investing in Spirits Time |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Spirits Time |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Spirits Time Total Risk Alpha Peers Comparison
Spirits Total Risk Alpha Relative To Other Indicators
Spirits Time International 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
498.81 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Spirits Time International is roughly
498.81 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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