| ARKO Stock | | | 870.00 5.00 0.57% |
PT Arkora total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for PT Arkora Hydro 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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PT Arkora Hydro has current Total Risk Alpha of 0.0174. 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] |
| = | 0.0174 | |
| ER[a] | = | Expected return on investing in PT Arkora |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PT Arkora |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PT Arkora Total Risk Alpha Peers Comparison
ARKO Total Risk Alpha Relative To Other Indicators
PT Arkora Hydro is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
1,212 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for PT Arkora Hydro is roughly
1,212 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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