PT Merdeka Total Risk Alpha
| EMAS Stock | | | 7,700 -225.00 -2.84% |
This technical indicator view for Total Risk Alpha organizes signals for PT Merdeka Gold and comparable instruments. Data availability can vary by region and feed;
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PT Merdeka Gold has current Total Risk Alpha of 0.9513. 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] |
| = | 0.9513 | |
| ER[a] | = | Expected return on investing in PT Merdeka |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PT Merdeka |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PT Merdeka Total Risk Alpha Peers Comparison
EMAS Total Risk Alpha Relative To Other Indicators
PT Merdeka Gold carries a
second ranking for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
29.58 per Total Risk Alpha. PT Merdeka Gold's Maximum Drawdown registers at
29.58 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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