Aurskog Sparebank Total Risk Alpha
| AURG Stock | | | NOK 269.90 4.95 1.87% |
Reference data associated with the Total Risk Alpha technical indicator for Aurskog Sparebank. Coverage may vary depending on data feeds and normalization methods.
Aurskog Sparebank has current Total Risk Alpha of 0.1426. 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] |
| = | 0.1426 | |
| ER[a] | = | Expected return on investing in Aurskog Sparebank |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Aurskog Sparebank |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Aurskog Sparebank Total Risk Alpha Peers Comparison
Aurskog Total Risk Alpha Relative To Other Indicators
Aurskog Sparebank is rated
below average for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
52.53 per Total Risk Alpha. Aurskog Sparebank's Maximum Drawdown registers at
52.53 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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