| EXPRS2 Stock | | | SEK 21.60 0.80 3.57% |
ExpreS2ion Biotech total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for ExpreS2ion Biotech Holding 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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ExpreS2ion Biotech Holding has current Total Risk Alpha of 0.3547. 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] |
| = | 0.3547 | |
| ER[a] | = | Expected return on investing in ExpreS2ion Biotech |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ExpreS2ion Biotech |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ExpreS2ion Biotech Total Risk Alpha Peers Comparison
ExpreS2ion Total Risk Alpha Relative To Other Indicators
ExpreS2ion Biotech Holding is rated
# 2 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
72.14 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for ExpreS2ion Biotech Holding is roughly
72.14 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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