WestMountain Gold Total Risk Alpha
| WMTN Stock | | | USD 1.00 0.00 0.00% |
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WestMountain Gold has current Total Risk Alpha of 1.13. 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] |
| = | 1.13 | |
| ER[a] | = | Expected return on investing in WestMountain Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on WestMountain Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
WestMountain Gold Total Risk Alpha Peers Comparison
WestMountain Total Risk Alpha Relative To Other Indicators
WestMountain Gold is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
798.72 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for WestMountain Gold is roughly
798.72 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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