| 600153 Stock | | | 10.18 0.15 1.50% |
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Xiamen CD has current Total Risk Alpha of 0.0579. 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] |
| = | 0.0579 | |
| ER[a] | = | Expected return on investing in Xiamen CD |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Xiamen CD |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Xiamen CD Total Risk Alpha Peers Comparison
Xiamen Total Risk Alpha Relative To Other Indicators
Xiamen CD is number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
335.89 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Xiamen CD is roughly
335.89 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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