NORDIC HALIBUT Total Risk Alpha
| 9K1 Stock | | | EUR 1.89 -0.01 -0.53% |
This technical indicator view for Total Risk Alpha organizes signals for NORDIC HALIBUT AS and comparable instruments. Coverage varies by data normalization and availability; see
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NORDIC HALIBUT AS has current Total Risk Alpha of 0.3129. 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] |
| = | 0.3129 | |
| ER[a] | = | Expected return on investing in NORDIC HALIBUT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NORDIC HALIBUT |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NORDIC HALIBUT Total Risk Alpha Peers Comparison
NORDIC Total Risk Alpha Relative To Other Indicators
NORDIC HALIBUT AS ranks
third among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
37.52 Maximum Drawdown per unit of Total Risk Alpha. NORDIC HALIBUT AS carries a
37.52 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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