Hotel Fitra Total Risk Alpha

FITT Stock   114.00  4.00  3.64%   
Hotel Fitra total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hotel Fitra International 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 Equity Screeners to view more equity screening tools
  
Hotel Fitra International has current Total Risk Alpha of 0.2893. 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]

 = 
0.2893
ER[a] = Expected return on investing in Hotel Fitra
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Hotel Fitra
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Hotel Fitra Total Risk Alpha Peers Comparison

Hotel Total Risk Alpha Relative To Other Indicators

Hotel Fitra International is rated # 3 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  23.90  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hotel Fitra International is roughly  23.90 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Hotel Fitra to Peers

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