THE PHILIPPINE Total Risk Alpha

PSEI Index   6,059  -54.64  -0.89%   
This technical indicator view for Total Risk Alpha organizes signals for THE PHILIPPINE STOCK and comparable instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context.
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THE PHILIPPINE STOCK has current Total Risk Alpha of 0.1041. 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]

 = 
0.1041
ER[a] = Expected return on investing in THE PHILIPPINE
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on THE PHILIPPINE
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

THE PHILIPPINE Total Risk Alpha Peers Comparison

THE Total Risk Alpha Relative To Other Indicators

THE PHILIPPINE STOCK cannot be rated in Total Risk Alpha at this point. It cannot be rated in Maximum Drawdown at this point. producing 71.65 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for THE PHILIPPINE STOCK sits at 71.65
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare THE PHILIPPINE to Peers

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