Fair Oaks Total Risk Alpha
| FA17 Stock | | | 0.48 0.00 0.00% |
Observed values used to calculate the Total Risk Alpha technical indicator for Fair Oaks Income. Additional screening context is available through
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Fair Oaks Income has current Total Risk Alpha of 0.2397. 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] |
| = | 0.2397 | |
| ER[a] | = | Expected return on investing in Fair Oaks |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Fair Oaks |
| 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
Fair Oaks Income maintains a
fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
28.44 of Maximum Drawdown per Total Risk Alpha. For Fair Oaks Income, Maximum Drawdown stands at
28.44 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fair Oaks to Peers
Other Technical Indicators