Ser Educacional Total Risk Alpha

SEER3 Stock  BRL 10.46  0.09  0.87%   
Observed values used to calculate the Total Risk Alpha technical indicator for Ser Educacional Sa. Values may reflect normalized price or volume observations.
Ser Educacional Sa has current Total Risk Alpha of 0.6566. 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]

 = 
0.6566
ER[a] = Expected return on investing in Ser Educacional
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ser Educacional
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

Ser Educacional Sa maintains a second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 21.09 of Maximum Drawdown per Total Risk Alpha. For Ser Educacional Sa, Maximum Drawdown stands at 21.09 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Ser Educacional to Peers

Other Technical Indicators