Zehnder Total Risk Alpha
| ZEHN Stock | | | CHF 71.00 -1.60 -2.20% |
Observed values used to calculate the Total Risk Alpha technical indicator for Zehnder. Certain instruments may report limited data depending on market coverage.
Zehnder has current Total Risk Alpha of 0.0187. 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] |
| = | 0.0187 | |
| ER[a] | = | Expected return on investing in Zehnder |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Zehnder |
| 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
Zehnder falls in the
fifth position for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
682.71 ratio of Maximum Drawdown to Total Risk Alpha. Zehnder's Maximum Drawdown exceeds Total Risk Alpha by a factor of
682.71 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Zehnder to Peers
Other Technical Indicators