Cosigo Resources Total Risk Alpha vs. Kurtosis
| COSRF Stock | | | USD 0.03 0.00 0.00% |
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Cosigo Resources has current Total Risk Alpha of
-0.56. 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] |
| = | -0.56 | |
| ER[a] | = | Expected return on investing in Cosigo Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Cosigo Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Cosigo Resources Total Risk Alpha Peers Comparison
Cosigo Total Risk Alpha Relative To Other Indicators
Cosigo Resources is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in kurtosis 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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