TV Asahi Total Risk Alpha
| TVAHFDelisted Stock | | | USD 18.04 0.00 0.00% |
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TV Asahi Holdings has current Total Risk Alpha of 0.9761. 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] |
| = | 0.9761 | |
| ER[a] | = | Expected return on investing in TV Asahi |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on TV Asahi |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
TV Asahi Total Risk Alpha Peers Comparison
TVAHF Total Risk Alpha Relative To Other Indicators
TV Asahi Holdings 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
31.81 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for TV Asahi Holdings is roughly
31.81 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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