| NINE Stock | | | 42.00 3.00 7.69% |
PT Techno9 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for PT Techno9 Indonesia 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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PT Techno9 Indonesia has current Total Risk Alpha of 1.58. 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] |
| = | 1.58 | |
| ER[a] | = | Expected return on investing in PT Techno9 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PT Techno9 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PT Techno9 Total Risk Alpha Peers Comparison
NINE Total Risk Alpha Relative To Other Indicators
PT Techno9 Indonesia is regarded
third in total risk alpha category among its peers. It is regarded
third in maximum drawdown category among its peers reporting about
16.06 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for PT Techno9 Indonesia is roughly
16.06 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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