Amarc Resources Total Risk Alpha vs. Daily Balance Of Power
| AXREF Stock | | | USD 0.72 -0.02 -2.70% |
Reference data associated with the this indicator technical indicator for Amarc Resources. Indicator inputs depend on available historical price observations.
Amarc Resources has current Total Risk Alpha of 0.0171. 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] |
| = | 0.0171 | |
| ER[a] | = | Expected return on investing in Amarc Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Amarc Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Amarc Resources Total Risk Alpha Peers Comparison
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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