| TANG Stock | | | 353.62 6.38 1.77% |
TANGANDA TEA total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for TANGANDA TEA PANY 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
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TANGANDA TEA PANY has current Total Risk Alpha of
(0.86). 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] |
| = | (0.86) | |
| ER[a] | = | Expected return on investing in TANGANDA TEA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TANGANDA TEA |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
TANGANDA TEA Total Risk Alpha Peers Comparison
TANGANDA Total Risk Alpha Relative To Other Indicators
TANGANDA TEA PANY is rated
below average in total risk alpha category among its peers. It is rated
fourth in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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