Tokyu Corp Total Risk Alpha
| TOKUY Stock | | | USD 12.50 0.00 0.00% |
Reference data associated with the Total Risk Alpha technical indicator for Tokyu Corp ADR. Indicator values reflect available price and volume data where applicable.
Tokyu Corp ADR has current Total Risk Alpha of 0.85. 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] |
| = | 0.85 | |
| ER[a] | = | Expected return on investing in Tokyu Corp |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tokyu Corp |
| 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
Tokyu Corp ADR is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
39.10 of Maximum Drawdown per Total Risk Alpha. At
39.10 , Tokyu Corp ADR's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Tokyu Corp to Peers
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