East Japan Total Risk Alpha
| EJPRF Stock | | | USD 23.90 -1.14 -4.55% |
This technical indicator view for Total Risk Alpha organizes signals for East Japan Railway and comparable instruments. Availability can vary by instrument;
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East Japan Railway has current Total Risk Alpha of 0.0247. 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] |
| = | 0.0247 | |
| ER[a] | = | Expected return on investing in East Japan |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on East Japan |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
East Japan Total Risk Alpha Peers Comparison
East Total Risk Alpha Relative To Other Indicators
East Japan Railway 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 reporting about
862.17 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for East Japan Railway is roughly
862.17 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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