Dai-ichi Life Total Risk Alpha
| DCNSF Stock | | | USD 11.08 0.00 0.00% |
Reference data associated with the Total Risk Alpha technical indicator for Dai ichi Life Holdings. Technical inputs may vary across markets and data providers.
Dai ichi Life Holdings has current Total Risk Alpha of 0.7085. 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] |
| = | 0.7085 | |
| ER[a] | = | Expected return on investing in Dai-ichi Life |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Dai-ichi Life |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Dai-ichi Life Total Risk Alpha Peers Comparison
Dai-ichi Total Risk Alpha Relative To Other Indicators
Dai ichi Life Holdings holds the top spot in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
30.35 Maximum Drawdown per unit of Total Risk Alpha. Dai ichi Life Holdings carries a
30.35 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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