BOE Technology Total Risk Alpha

000725 Stock   4.40  0.04  0.92%   
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BOE Technology Group has current Total Risk Alpha of 0.1601. 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]

 = 
0.1601
ER[a] = Expected return on investing in BOE Technology
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on BOE Technology
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

BOE Technology Total Risk Alpha Peers Comparison

BOE Total Risk Alpha Relative To Other Indicators

BOE Technology Group is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  97.13  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for BOE Technology Group is roughly  97.13 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare BOE Technology to Peers

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