| NICO Stock | | | 365.00 44.99 14.06% |
NICO HOLDINGS total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for NICO HOLDINGS LIMITED 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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NICO HOLDINGS LIMITED has current Total Risk Alpha of 0.3619. 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] |
| = | 0.3619 | |
| ER[a] | = | Expected return on investing in NICO HOLDINGS |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NICO HOLDINGS |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NICO HOLDINGS Total Risk Alpha Peers Comparison
NICO Total Risk Alpha Relative To Other Indicators
NICO HOLDINGS LIMITED is regarded
second in total risk alpha category among its peers. It is considered to be number one stock in maximum drawdown category among its peers reporting about
39.97 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for NICO HOLDINGS LIMITED is roughly
39.97 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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