| HUP1 Stock | | | EUR 0.51 0.01 2.00% |
Huaneng Power total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Huaneng Power 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
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Huaneng Power International has current Total Risk Alpha of 0.074. 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] |
| = | 0.074 | |
| ER[a] | = | Expected return on investing in Huaneng Power |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Huaneng Power |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Huaneng Power Total Risk Alpha Peers Comparison
Huaneng Total Risk Alpha Relative To Other Indicators
Huaneng Power International is rated
# 5 in total risk alpha category among its peers. It is rated
# 3 in maximum drawdown category among its peers reporting about
226.65 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Huaneng Power International is roughly
226.65 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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