WUXI BIOLOGICS Total Risk Alpha vs. Treynor Ratio

1FW1 Stock  EUR 4.18  0.08  1.95%   
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WUXI BIOLOGICS UNSPADR2 has current Total Risk Alpha of 0.6452. 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]

 = 
0.6452
ER[a] = Expected return on investing in WUXI BIOLOGICS
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on WUXI BIOLOGICS
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

WUXI BIOLOGICS Total Risk Alpha Peers Comparison

WUXI Total Risk Alpha Relative To Other Indicators

WUXI BIOLOGICS UNSPADR2 is number one stock in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers fabricating about  4.35  of Treynor Ratio per Total Risk Alpha. The ratio of Treynor Ratio to Total Risk Alpha for WUXI BIOLOGICS UNSPADR2 is roughly  4.35 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare WUXI BIOLOGICS to Peers

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