| FDR Stock | | | CAD 5.41 0.34 6.71% |
Flinders Resources total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Flinders Resources Limited 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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Flinders Resources Limited has current Total Risk Alpha of 1.17. 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] |
| = | 1.17 | |
| ER[a] | = | Expected return on investing in Flinders Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Flinders Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Flinders Resources Total Risk Alpha Peers Comparison
Flinders Total Risk Alpha Relative To Other Indicators
Flinders Resources Limited is one of the top stocks in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
17.83 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Flinders Resources Limited is roughly
17.83 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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