Foresight Autonomous Total Risk Alpha

FRSX Stock  ILA 26.00  10.90  72.19%   
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Foresight Autonomous Holdings has current Total Risk Alpha of 1.34. 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]

 = 
1.34
ER[a] = Expected return on investing in Foresight Autonomous
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Foresight Autonomous
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Foresight Autonomous Total Risk Alpha Peers Comparison

Foresight Total Risk Alpha Relative To Other Indicators

Foresight Autonomous Holdings is rated # 2 in total risk alpha category among its peers. It is rated # 2 in maximum drawdown category among its peers reporting about  27.51  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Foresight Autonomous Holdings is roughly  27.51 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Foresight Autonomous to Peers

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