| 1104 Stock | | | TWD 29.15 1.20 4.29% |
Universal Cement total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Universal Cement Corp 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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Universal Cement Corp has current Total Risk Alpha of
(0.15). 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] |
| = | (0.15) | |
| ER[a] | = | Expected return on investing in Universal Cement |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Universal Cement |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Universal Cement Total Risk Alpha Peers Comparison
Universal Total Risk Alpha Relative To Other Indicators
Universal Cement Corp is rated
second in total risk alpha category among its peers. It is currently under evaluation 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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