| PX0 Stock | | | EUR 0 0.0005 33.33% |
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POLARX LTD has current Total Risk Alpha of 1.1. 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] |
| = | 1.1 | |
| ER[a] | = | Expected return on investing in POLARX |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on POLARX |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
POLARX Total Risk Alpha Peers Comparison
POLARX Total Risk Alpha Relative To Other Indicators
POLARX LTD is considered to be number one stock in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers fabricating about
4.14 of Treynor Ratio per Total Risk Alpha. The ratio of Treynor Ratio to Total Risk Alpha for POLARX LTD is roughly
4.14 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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