| BDD Stock | | | 0.01 0.0006 10.00% |
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CONICO LTD has current Total Risk Alpha of 11.63. 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] |
| = | 11.63 | |
| ER[a] | = | Expected return on investing in CONICO |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CONICO |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CONICO Total Risk Alpha Peers Comparison
CONICO Total Risk Alpha Relative To Other Indicators
CONICO LTD 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
67.04 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CONICO LTD is roughly
67.04 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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