| CPM Stock | | | EUR 1.51 0.03 1.95% |
China Merchants total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for China Merchants Port 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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China Merchants Port has current Total Risk Alpha of 0.3343. 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] |
| = | 0.3343 | |
| ER[a] | = | Expected return on investing in China Merchants |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on China Merchants |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
China Merchants Total Risk Alpha Peers Comparison
China Total Risk Alpha Relative To Other Indicators
China Merchants Port is rated
fourth in total risk alpha category among its peers. It is rated
fourth in maximum drawdown category among its peers reporting about
83.47 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for China Merchants Port is roughly
83.47 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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