Wee-Cig International Total Risk Alpha
| WCIG Stock | | | USD 0 0 83.33% |
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Wee Cig International Corp has current Total Risk Alpha of 0.2945. 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] |
| = | 0.2945 | |
| ER[a] | = | Expected return on investing in Wee-Cig International |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Wee-Cig International |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Wee-Cig International Total Risk Alpha Peers Comparison
Wee-Cig Total Risk Alpha Relative To Other Indicators
Wee Cig International Corp is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
380.72 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Wee Cig International Corp is roughly
380.72 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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