Chunghwa Chemical Total Risk Alpha

1762 Stock  TWD 34.00  1.65  4.63%   
Chunghwa Chemical total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Chunghwa Chemical Synthesis 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 Equity Screeners to view more equity screening tools
  
Chunghwa Chemical Synthesis has current Total Risk Alpha of (0.44). 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]

 = 
(0.44)
ER[a] = Expected return on investing in Chunghwa Chemical
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Chunghwa Chemical
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Chunghwa Chemical Total Risk Alpha Peers Comparison

Chunghwa Total Risk Alpha Relative To Other Indicators

Chunghwa Chemical Synthesis is rated below average 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.
Compare Chunghwa Chemical to Peers

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