Premier American Total Risk Alpha
| PUR Stock | | | 0.86 0.01 1.15% |
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Premier American Uranium has current Total Risk Alpha of 0.1184. 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] |
| = | 0.1184 | |
| ER[a] | = | Expected return on investing in Premier American |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Premier American |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Premier American Total Risk Alpha Peers Comparison
Premier Total Risk Alpha Relative To Other Indicators
Premier American Uranium is regarded
fifth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
246.55 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Premier American Uranium is roughly
246.55 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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