Plains Acquisition Total Risk Alpha
| PLQC Stock | | | USD 65.00 0.00 0.00% |
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Plains Acquisition has current Total Risk Alpha of 0.024. 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] |
| = | 0.024 | |
| ER[a] | = | Expected return on investing in Plains Acquisition |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Plains Acquisition |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Plains Acquisition Total Risk Alpha Peers Comparison
Plains Total Risk Alpha Relative To Other Indicators
Plains Acquisition is regarded
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
261.18 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Plains Acquisition is roughly
261.18 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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