| TPC Stock | | | 3,700 1.00 0.03% |
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Transpaco has current Total Risk Alpha of 0.003. 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] |
| = | 0.003 | |
| ER[a] | = | Expected return on investing in Transpaco |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Transpaco |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Transpaco Total Risk Alpha Peers Comparison
Transpaco Total Risk Alpha Relative To Other Indicators
Transpaco is rated
below average in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
3,061 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Transpaco is roughly
3,061 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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