| SIPC Stock | | | USD 0 0.0006 60.00% |
Sipp Industries total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Sipp Industries New 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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Sipp Industries New has current Total Risk Alpha of 2.31. 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] |
| = | 2.31 | |
| ER[a] | = | Expected return on investing in Sipp Industries |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Sipp Industries |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Sipp Industries Total Risk Alpha Peers Comparison
Sipp Total Risk Alpha Relative To Other Indicators
Sipp Industries New is rated
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
54.62 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Sipp Industries New is roughly
54.62 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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