| 3CM Stock | | | EUR 1.85 0.01 0.54% |
RLX TECH total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for RLX TECH SPADR1 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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RLX TECH SPADR1 has current Total Risk Alpha of 0.3224. 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] |
| = | 0.3224 | |
| ER[a] | = | Expected return on investing in RLX TECH |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on RLX TECH |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
RLX TECH Total Risk Alpha Peers Comparison
RLX Total Risk Alpha Relative To Other Indicators
RLX TECH SPADR1 is rated
below average in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
52.86 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for RLX TECH SPADR1 is roughly
52.86 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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