| SIKB Stock | | | EUR 22.80 1.40 5.79% |
SIKA AG total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for SIKA AG UNSPADR 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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SIKA AG UNSPADR has current Total Risk Alpha of
(0.39). 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] |
| = | (0.39) | |
| ER[a] | = | Expected return on investing in SIKA AG |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SIKA AG |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SIKA AG Total Risk Alpha Peers Comparison
SIKA Total Risk Alpha Relative To Other Indicators
SIKA AG UNSPADR is rated
below average in total risk alpha category among its peers. It is rated
fifth in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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