West Fraser Total Risk Alpha
| WFG Stock | | | USD 64.88 -0.29 -0.44% |
West Fraser total risk alpha lookup summarizes this and related technical indicators for West Fraser Timber. Coverage depends on data availability and normalization;
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West Fraser Timber has current Total Risk Alpha of 0.1211. 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] |
| = | 0.1211 | |
| ER[a] | = | Expected return on investing in West Fraser |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on West Fraser |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
West Fraser Total Risk Alpha Peers Comparison
West Total Risk Alpha Relative To Other Indicators
West Fraser Timber 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 reporting about
106.75 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for West Fraser Timber is roughly
106.75 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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