DOMESCO Medical Total Risk Alpha
| DMC Stock | | | 62,600 100.00 0.16% |
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DOMESCO Medical Import has current Total Risk Alpha of
(0.17). 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] |
| = | (0.17) | |
| ER[a] | = | Expected return on investing in DOMESCO Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on DOMESCO Medical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
DOMESCO Medical Total Risk Alpha Peers Comparison
DOMESCO Total Risk Alpha Relative To Other Indicators
DOMESCO Medical Import is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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