Tokyo Gas Total Risk Alpha

TOG Stock  EUR 30.20  0.20  0.67%   
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Tokyo Gas CoLtd has current Total Risk Alpha of 0.1724. 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]

 = 
0.1724
ER[a] = Expected return on investing in Tokyo Gas
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Tokyo Gas
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Tokyo Gas Total Risk Alpha Peers Comparison

00.17240.331-0.00810.1314100%

Tokyo Total Risk Alpha Relative To Other Indicators

Tokyo Gas CoLtd is rated fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  62.94  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Tokyo Gas CoLtd is roughly  62.94 
JavaScript chart by amCharts 3.21.15CI1ACBRAS5FFC0CHWDIZBTOG 02468101214 00.10.20.30.4
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Tokyo Gas to Peers

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