| HMU Stock | | | 29.20 0.20 0.68% |
HMS Bergbau total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for HMS Bergbau AG 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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HMS Bergbau AG has current Total Risk Alpha of 0.1159. 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] |
| = | 0.1159 | |
| ER[a] | = | Expected return on investing in HMS Bergbau |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on HMS Bergbau |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
HMS Bergbau Total Risk Alpha Peers Comparison
HMS Total Risk Alpha Relative To Other Indicators
HMS Bergbau AG is rated
below average in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
63.96 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for HMS Bergbau AG is roughly
63.96 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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