G-Resources Group Total Risk Alpha
| GGPXF Stock | | | USD 1.86 0.00 0.00% |
Reference data associated with the Total Risk Alpha technical indicator for G Resources Group Limited. Coverage may vary depending on data feeds and normalization methods.
G Resources Group Limited has current Total Risk Alpha of 2.82. 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] |
| = | 2.82 | |
| ER[a] | = | Expected return on investing in G-Resources Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on G-Resources Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
G-Resources Group Total Risk Alpha Peers Comparison
G-Resources Total Risk Alpha Relative To Other Indicators
G Resources Group Limited 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
46.56 Maximum Drawdown per unit of Total Risk Alpha. G Resources Group Limited carries a
46.56 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.
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