| TDEX Etf | | | THB 9.17 0.01 0.11% |
ThaiDex SET50 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for ThaiDex SET50 Exchange 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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ThaiDex SET50 Exchange has current Total Risk Alpha of 0.0099. 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] |
| = | 0.0099 | |
| ER[a] | = | Expected return on investing in ThaiDex SET50 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ThaiDex SET50 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ThaiDex SET50 Total Risk Alpha Peers Comparison
ThaiDex Total Risk Alpha Relative To Other Indicators
ThaiDex SET50 Exchange is rated
third largest ETF in total risk alpha as compared to similar ETFs. It is rated
fifth largest ETF in maximum drawdown as compared to similar ETFs reporting about
524.84 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for ThaiDex SET50 Exchange is roughly
524.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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