HBM Healthcare Total Risk Alpha
| HBMN Stock | | | CHF 203.50 1.00 0.49% |
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HBM Healthcare Investments has current Total Risk Alpha of 0.2091. 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] |
| = | 0.2091 | |
| ER[a] | = | Expected return on investing in HBM Healthcare |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on HBM Healthcare |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
HBM Healthcare Total Risk Alpha Peers Comparison
HBM Total Risk Alpha Relative To Other Indicators
HBM Healthcare Investments is rated
# 3 in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
24.82 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for HBM Healthcare Investments is roughly
24.82 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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