Senci Electric Total Risk Alpha

603109 Stock   17.07  0.46  2.77%   
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Senci Electric Machinery has current Total Risk Alpha of 0.4106. 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]

 = 
0.4106
ER[a] = Expected return on investing in Senci Electric
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Senci Electric
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Senci Electric Total Risk Alpha Peers Comparison

Senci Total Risk Alpha Relative To Other Indicators

Senci Electric Machinery is rated third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  46.40  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Senci Electric Machinery is roughly  46.40 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Senci Electric to Peers

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