| 002672 Stock | | | 5.02 0.14 2.87% |
Dongjiang Environmental total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Dongjiang Environmental Co 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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Dongjiang Environmental Co has current Total Risk Alpha of 0.1062. 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] |
| = | 0.1062 | |
| ER[a] | = | Expected return on investing in Dongjiang Environmental |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Dongjiang Environmental |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Dongjiang Environmental Total Risk Alpha Peers Comparison
Dongjiang Total Risk Alpha Relative To Other Indicators
Dongjiang Environmental Co is rated
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
165.99 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Dongjiang Environmental Co is roughly
165.99 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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