Checkin Group Total Risk Alpha
| CHECK Stock | | | 2.33 -0.18 -7.17% |
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Checkin Group AB has current Total Risk Alpha of
-1.24. 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] |
| = | -1.24 | |
| ER[a] | = | Expected return on investing in Checkin Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Checkin Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Checkin Group Total Risk Alpha Peers Comparison
Checkin Total Risk Alpha Relative To Other Indicators
Checkin Group AB is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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