| TNJIF Stock | | | USD 0.38 0.00 0.00% |
Tianjin Capital technical analysis lookup allows you to check this and other technical indicators for Tianjin Capital Environmental 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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Tianjin Capital Environmental has current Total Risk Alpha of 0.0087. 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] |
| = | 0.0087 | |
| ER[a] | = | Expected return on investing in Tianjin Capital |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tianjin Capital |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Tianjin Capital Total Risk Alpha Peers Comparison
Tianjin Total Risk Alpha Relative To Other Indicators
Tianjin Capital Environmental is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in kurtosis category among its peers making up about
7,241 of Kurtosis per Total Risk Alpha. The ratio of Kurtosis to Total Risk Alpha for Tianjin Capital Environmental is roughly
7,241 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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