BOTX Stock | | | SEK 12.90 1.85 16.74% |
Botnia Exploration total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Botnia Exploration Holding or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Botnia Exploration Holding has current Total Risk Alpha of 0.4525. 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] |
| = | 0.4525 | |
ER[a] | = | Expected return on investing in Botnia Exploration |
ER[b] | = | Expected return on market index or selected benchmark |
STD[a] | = | Standard Deviation of returns on Botnia Exploration |
STD[b] | = | Standard Deviation of selected market or benchmark |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Botnia Exploration Total Risk Alpha Peers Comparison
Botnia Total Risk Alpha Relative To Other Indicators
Botnia Exploration Holding is number one stock in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about
42.50 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Botnia Exploration Holding is roughly
42.50 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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