East Africa Total Risk Alpha
| EFRMF Stock | | | USD 0.03 -0.04 -55.71% |
Reference data associated with the Total Risk Alpha technical indicator for East Africa Metals. Coverage may vary depending on data feeds and normalization methods.
East Africa Metals has current Total Risk Alpha of 53.25. 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] |
| = | 53.25 | |
| ER[a] | = | Expected return on investing in East Africa |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on East Africa |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
East Africa Metals 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
48.68 Maximum Drawdown per unit of Total Risk Alpha. East Africa Metals carries a
48.68 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.
Compare East Africa to Peers
Other Technical Indicators