| GLPL Stock | | | ILS 1,366 14.00 1.01% |
Golan Plastic total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Golan Plastic 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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Golan Plastic has current Total Risk Alpha of 0.2405. 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] |
| = | 0.2405 | |
| ER[a] | = | Expected return on investing in Golan Plastic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Golan Plastic |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Golan Plastic Total Risk Alpha Peers Comparison
Golan Total Risk Alpha Relative To Other Indicators
Golan Plastic is rated
# 2 in total risk alpha category among its peers. It is rated
# 3 in maximum drawdown category among its peers reporting about
43.59 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Golan Plastic is roughly
43.59 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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