Nexgram Holdings Total Risk Alpha vs. Treynor Ratio

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Nexgram Holdings Bhd has current Total Risk Alpha of 0.7302. 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]

 = 
0.7302
ER[a] = Expected return on investing in Nexgram Holdings
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Nexgram Holdings
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Nexgram Holdings Total Risk Alpha Peers Comparison

Nexgram Total Risk Alpha Relative To Other Indicators

Nexgram Holdings Bhd is rated third in total risk alpha category among its peers. It is rated fifth in treynor ratio category among its peers fabricating about  0.71  of Treynor Ratio per Total Risk Alpha. The ratio of Total Risk Alpha to Treynor Ratio for Nexgram Holdings Bhd is roughly  1.42 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nexgram Holdings to Peers

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