BW LPG Total Risk Alpha
| BWLP Stock | | | 17.02 -0.03 -0.18% |
The Total Risk Alpha technical lookup provides context for BW LPG Limited and related instruments. Coverage depends on data availability and normalization;
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Trending Equities provides context for diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in BW LPG Limited in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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BW LPG Limited has current Total Risk Alpha of 0.6003. 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] |
| = | 0.6003 | |
| ER[a] | = | Expected return on investing in BW LPG |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BW LPG |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BW LPG Total Risk Alpha Peers Comparison
BWLP Total Risk Alpha Relative To Other Indicators
BW LPG Limited is rated
second among stocks in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
16.83 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for BW LPG Limited is roughly
16.83 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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