1FW1 Stock | | | EUR 4.18 0.08 1.95% |
WUXI BIOLOGICS technical analysis lookup allows you to check this and other technical indicators for WUXI BIOLOGICS UNSPADR2 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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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.
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