| 6510 Stock | | | TWD 729.00 1.00 0.14% |
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Chunghwa Precision Test has current Total Risk Alpha of 0.447. 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] |
| = | 0.447 | |
| ER[a] | = | Expected return on investing in Chunghwa Precision |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Chunghwa Precision |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Chunghwa Precision Total Risk Alpha Peers Comparison
Chunghwa Total Risk Alpha Relative To Other Indicators
Chunghwa Precision Test is number one stock in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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