| K1EL34 Stock | | | BRL 253.00 4.75 1.91% |
K1EL34 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for K1EL34 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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K1EL34 has current Total Risk Alpha of 0.1754. 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] |
| = | 0.1754 | |
| ER[a] | = | Expected return on investing in K1EL34 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on K1EL34 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
K1EL34 Total Risk Alpha Peers Comparison
K1EL34 Total Risk Alpha Relative To Other Indicators
K1EL34 is rated
third overall in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
45.76 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for K1EL34 is roughly
45.76 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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