Firan Technology Total Risk Alpha
| FTGFF Stock | | | USD 14.45 0.33 2.34% |
Firan Technology total risk alpha lookup summarizes this and related technical indicators for Firan Technology Group. Coverage depends on data availability and normalization;
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Firan Technology Group has current Total Risk Alpha of 0.9406. 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] |
| = | 0.9406 | |
| ER[a] | = | Expected return on investing in Firan Technology |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Firan Technology |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Firan Technology Total Risk Alpha Peers Comparison
Firan Total Risk Alpha Relative To Other Indicators
Firan Technology Group currently holds the
# 2 position in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
17.84 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Firan Technology Group is roughly
17.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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