Hang Lung Total Risk Alpha
| HNLGFDelisted Stock | | | USD 1.37 0.00 0.00% |
Technical inputs supporting the Total Risk Alpha indicator for Hang Lung Group are shown here. Additional screening context is available through
Equity Screeners. Hang Lung has a market cap of 2.8 B, operating margin of 64.61%, ROE of 3.0%. See
Risk vs Return Analysis for portfolio-level analysis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Hang Lung Group has current Total Risk Alpha of 0. 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 | |
| ER[a] | = | Expected return on investing in Hang Lung |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hang Lung |
| 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
Hang Lung Group is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.