| 1569 Stock | | | TWD 66.60 4.80 6.72% |
Bin Chuan total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Bin Chuan Enterprise 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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Bin Chuan Enterprise has current Total Risk Alpha of 0.9762. 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] |
| = | 0.9762 | |
| ER[a] | = | Expected return on investing in Bin Chuan |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bin Chuan |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Bin Chuan Total Risk Alpha Peers Comparison
Bin Total Risk Alpha Relative To Other Indicators
Bin Chuan Enterprise is rated
second in total risk alpha category among its peers. It is number one stock in maximum drawdown category among its peers reporting about
15.99 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bin Chuan Enterprise is roughly
15.99 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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