Plum Acquisition Total Risk Alpha
| PLMK Stock | | | 10.54 0.02 0.19% |
Reference data associated with the Total Risk Alpha technical indicator for Plum Acquisition Corp. Coverage may vary depending on data feeds and normalization methods.
Plum Acquisition Corp has current Total Risk Alpha of 0.0152. 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] |
| = | 0.0152 | |
| ER[a] | = | Expected return on investing in Plum Acquisition |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Plum Acquisition |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Plum Acquisition Total Risk Alpha Peers Comparison
Plum Total Risk Alpha Relative To Other Indicators
Plum Acquisition Corp carries a
second ranking for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
62.95 per Total Risk Alpha. Plum Acquisition Corp's Maximum Drawdown registers at
62.95 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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