SYTA Old Total Risk Alpha
| SYTADelisted Stock | | | USD 12.28 0.40 3.15% |
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SYTA Old has current Total Risk Alpha of 0.395. 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] |
| = | 0.395 | |
| ER[a] | = | Expected return on investing in SYTA Old |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SYTA Old |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SYTA Old Total Risk Alpha Peers Comparison
SYTA Total Risk Alpha Relative To Other Indicators
SYTA Old 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
751.84 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SYTA Old is roughly
751.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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