Nisshin Seifun Total Risk Alpha
| NSFMFDelisted Stock | | | USD 11.50 0.00 0.00% |
The Total Risk Alpha reading for Nisshin Seifun Group is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through
Equity Screeners. Nisshin Seifun has a market cap of 4 B, operating margin of 4.64%, ROE of 5.1%.
Correlation Analysis can help frame allocation decisions. The overview captures current portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Nisshin Seifun 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 Nisshin Seifun |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nisshin Seifun |
| 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
Nisshin Seifun 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.