| NFNG Stock | | | 93.60 0.20 0.21% |
Nufarm Finance total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Nufarm Finance NZ 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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Nufarm Finance NZ has current Total Risk Alpha of 0.0129. 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] |
| = | 0.0129 | |
| ER[a] | = | Expected return on investing in Nufarm Finance |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nufarm Finance |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Nufarm Finance Total Risk Alpha Peers Comparison
Nufarm Total Risk Alpha Relative To Other Indicators
Nufarm Finance NZ is regarded
fifth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
279.78 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Nufarm Finance NZ is roughly
279.78 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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