NASDAQ TEST Total Risk Alpha
| ZXZZT Stock | | | USD 14.00 3.00 27.27% |
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NASDAQ TEST STOCK has current Total Risk Alpha of 0.7034. 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] |
| = | 0.7034 | |
| ER[a] | = | Expected return on investing in NASDAQ TEST |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NASDAQ TEST |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NASDAQ TEST Total Risk Alpha Peers Comparison
NASDAQ Total Risk Alpha Relative To Other Indicators
NASDAQ TEST STOCK 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
224.86 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for NASDAQ TEST STOCK is roughly
224.86 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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