| HY7 Stock | | | EUR 15.60 0.40 2.50% |
Shoprite Holdings total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Shoprite Holdings Limited 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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Shoprite Holdings Limited has current Total Risk Alpha of 0.4849. 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] |
| = | 0.4849 | |
| ER[a] | = | Expected return on investing in Shoprite Holdings |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Shoprite Holdings |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Shoprite Holdings Total Risk Alpha Peers Comparison
Shoprite Total Risk Alpha Relative To Other Indicators
Shoprite Holdings Limited is rated
# 3 in total risk alpha category among its peers. It is one of the top stocks in maximum drawdown category among its peers reporting about
78.03 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Shoprite Holdings Limited is roughly
78.03 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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