Yanzhou Coal Total Risk Alpha
| YZCAY Stock | | | USD 20.47 -0.23 -1.11% |
Reference data associated with the Total Risk Alpha technical indicator for Yanzhou Coal Mining. Technical inputs may vary across markets and data providers.
Yanzhou Coal Mining has current Total Risk Alpha of 0.8846. 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] |
| = | 0.8846 | |
| ER[a] | = | Expected return on investing in Yanzhou Coal |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Yanzhou Coal |
| 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
Yanzhou Coal Mining is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
14.19 of Maximum Drawdown per Total Risk Alpha. At
14.19 , Yanzhou Coal Mining'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 Yanzhou Coal to Peers
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