| 002353 Stock | | | 36.42 0.57 1.59% |
Yantai Jereh total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Yantai Jereh Oilfield 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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Yantai Jereh Oilfield has current Total Risk Alpha of 0.3466. 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] |
| = | 0.3466 | |
| ER[a] | = | Expected return on investing in Yantai Jereh |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Yantai Jereh |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Yantai Jereh Total Risk Alpha Peers Comparison
Yantai Total Risk Alpha Relative To Other Indicators
Yantai Jereh Oilfield is rated
fifth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
45.54 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Yantai Jereh Oilfield is roughly
45.54 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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