| 3171 Stock | | | TWD 35.50 0.10 0.28% |
Xin Chio total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Xin Chio Global 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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Xin Chio Global has current Total Risk Alpha of
(0.62). 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] |
| = | (0.62) | |
| ER[a] | = | Expected return on investing in Xin Chio |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Xin Chio |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Xin Chio Total Risk Alpha Peers Comparison
Xin Total Risk Alpha Relative To Other Indicators
Xin Chio Global is rated
below average 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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