Freemelt Holding Total Risk Alpha

FREEM Stock   0.90  0.89  49.72%   
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Freemelt Holding AB has current Total Risk Alpha of (1.39). 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]

 = 
(1.39)
ER[a] = Expected return on investing in Freemelt Holding
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Freemelt Holding
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Freemelt Holding Total Risk Alpha Peers Comparison

Freemelt Total Risk Alpha Relative To Other Indicators

Freemelt Holding AB is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Freemelt Holding to Peers

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