ASX Limited Total Risk Alpha

ASXFY Stock  USD 42.95  0.24  0.56%   
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ASX Limited ADR has current Total Risk Alpha of (0.26). 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]

 = 
(0.26)
ER[a] = Expected return on investing in ASX Limited
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ASX Limited
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

ASX Limited Total Risk Alpha Peers Comparison

ASX Total Risk Alpha Relative To Other Indicators

The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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