| GPLB Stock | | | USD 0.51 0.00 0.00% |
Green Planet total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Green Planet Bio 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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Green Planet Bio has current Total Risk Alpha of 17.81. 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] |
| = | 17.81 | |
| ER[a] | = | Expected return on investing in Green Planet |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Green Planet |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Green Planet Total Risk Alpha Peers Comparison
Green Total Risk Alpha Relative To Other Indicators
Green Planet Bio 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
56.17 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Green Planet Bio is roughly
56.17 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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