Lepu Medical Total Risk Alpha

300003 Stock   11.85  0.18  1.50%   
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Lepu Medical Tech has current Total Risk Alpha of 0.3238. 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]

 = 
0.3238
ER[a] = Expected return on investing in Lepu Medical
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Lepu Medical
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Lepu Medical Total Risk Alpha Peers Comparison

Lepu Total Risk Alpha Relative To Other Indicators

Lepu Medical Tech is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  99.88  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Lepu Medical Tech is roughly  99.88 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Lepu Medical to Peers

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