Magle Chemoswed Total Risk Alpha
| MAGLE Stock | | | SEK 17.80 0.20 1.14% |
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Magle Chemoswed Holding has current Total Risk Alpha of
(0.57). 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] |
| = | (0.57) | |
| ER[a] | = | Expected return on investing in Magle Chemoswed |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Magle Chemoswed |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Magle Chemoswed Total Risk Alpha Peers Comparison
Magle Total Risk Alpha Relative To Other Indicators
Magle Chemoswed Holding is regarded
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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