| HPX Stock | | | EUR 25.20 0.20 0.80% |
Hisamitsu Pharmaceutical total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Hisamitsu Pharmaceutical Co 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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Hisamitsu Pharmaceutical Co has current Total Risk Alpha of 0.0016. 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] |
| = | 0.0016 | |
| ER[a] | = | Expected return on investing in Hisamitsu Pharmaceutical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Hisamitsu Pharmaceutical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Hisamitsu Pharmaceutical Total Risk Alpha Peers Comparison
Hisamitsu Total Risk Alpha Relative To Other Indicators
Hisamitsu Pharmaceutical Co is rated
# 4 in total risk alpha category among its peers. It is rated
# 4 in maximum drawdown category among its peers reporting about
12,312 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Hisamitsu Pharmaceutical Co is roughly
12,312 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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