Sedana Medical Total Risk Alpha
| SEDANA Stock | | | SEK 9.00 -0.24 -2.60% |
Sedana Medical total risk alpha lookup summarizes this and related technical indicators for Sedana Medical AB. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Use
World Market Map to better understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This includes a position in Sedana Medical AB across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Sedana Medical AB has current Total Risk Alpha of
-0.16. 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] |
| = | -0.16 | |
| ER[a] | = | Expected return on investing in Sedana Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sedana Medical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sedana Medical Total Risk Alpha Peers Comparison
Sedana Total Risk Alpha Relative To Other Indicators
Sedana Medical AB is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.