| SMNIN Stock | | | ILS 1,793 1.00 0.06% |
Shemen Industries technical analysis lookup allows you to check this and other technical indicators for Shemen Industries 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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Shemen Industries has current Total Risk Alpha of 0.2595. 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] |
| = | 0.2595 | |
| ER[a] | = | Expected return on investing in Shemen Industries |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Shemen Industries |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Shemen Industries Total Risk Alpha Peers Comparison
Shemen Total Risk Alpha Relative To Other Indicators
Shemen Industries is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in kurtosis category among its peers making up about
3.71 of Kurtosis per Total Risk Alpha. The ratio of Kurtosis to Total Risk Alpha for Shemen Industries is roughly
3.71 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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