Mcleod Russel Total Risk Alpha

MCLEODRUSS   47.56  2.44  4.88%   
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Mcleod Russel India has current Total Risk Alpha of 0.8901. 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]

 = 
0.8901
ER[a] = Expected return on investing in Mcleod Russel
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Mcleod Russel
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Mcleod Russel Total Risk Alpha Peers Comparison

Mcleod Total Risk Alpha Relative To Other Indicators

Mcleod Russel India is considered to be 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  16.87  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mcleod Russel India is roughly  16.87 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Mcleod Russel to Peers

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