| S1R Stock | | | EUR 1.58 0.01 0.63% |
Shanghai Pharmaceuticals total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Shanghai Pharmaceuticals Holding 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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Shanghai Pharmaceuticals Holding has current Total Risk Alpha of 0.4738. 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] |
| = | 0.4738 | |
| ER[a] | = | Expected return on investing in Shanghai Pharmaceuticals |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Shanghai Pharmaceuticals |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Shanghai Pharmaceuticals Total Risk Alpha Peers Comparison
Shanghai Total Risk Alpha Relative To Other Indicators
Shanghai Pharmaceuticals Holding is rated
third in total risk alpha category among its peers. It is rated
second in maximum drawdown category among its peers reporting about
44.70 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Shanghai Pharmaceuticals Holding is roughly
44.70 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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