Proeduca Altus Total Risk Alpha
| PRO Stock | | | EUR 33.40 0.60 1.76% |
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Proeduca Altus SA has current Total Risk Alpha of
(0.15). 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] |
| = | (0.15) | |
| ER[a] | = | Expected return on investing in Proeduca Altus |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Proeduca Altus |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Proeduca Altus Total Risk Alpha Peers Comparison
Proeduca Total Risk Alpha Relative To Other Indicators
Proeduca Altus SA is regarded
fifth 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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