Ssr Mining Total Risk Alpha

SSR Stock   10.96  1.16  11.84%   
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Ssr Mining has current Total Risk Alpha of 0.0694. 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]

 = 
0.0694
ER[a] = Expected return on investing in Ssr Mining
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ssr Mining
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Ssr Mining Total Risk Alpha Peers Comparison

Ssr Total Risk Alpha Relative To Other Indicators

Ssr Mining is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  286.75  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Ssr Mining is roughly  286.75 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Ssr Mining to Peers

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