| 278280 Stock | | | KRW 34,100 1,300 3.67% |
Chunbo total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Chunbo Co 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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Chunbo Co has current Total Risk Alpha of 0.0351. 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] |
| = | 0.0351 | |
| ER[a] | = | Expected return on investing in Chunbo |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Chunbo |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Chunbo Total Risk Alpha Peers Comparison
Chunbo Total Risk Alpha Relative To Other Indicators
Chunbo Co is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
388.83 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Chunbo Co is roughly
388.83 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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