Universal Robina Total Risk Alpha
| UVRBYDelisted Stock | | | USD 14.18 0.00 0.00% |
Observed values used to calculate the Total Risk Alpha technical indicator for Universal Robina Corp. Coverage may vary depending on data feeds and normalization methods.
Universal Robina Corp has current Total Risk Alpha of 0.3628. 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] |
| = | 0.3628 | |
| ER[a] | = | Expected return on investing in Universal Robina |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Universal Robina |
| 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
Universal Robina Corp ranks first in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
113.60 of Maximum Drawdown per Total Risk Alpha. At
113.60 , Universal Robina Corp'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.
Other Technical Indicators