Uniroyal Global Total Risk Alpha

UNIR Stock  USD 0.0008  0.00  0.00%   
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Uniroyal Global Engineered has current Total Risk Alpha of 20.46. 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]

 = 
20.46
ER[a] = Expected return on investing in Uniroyal Global
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Uniroyal Global
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Uniroyal Global Total Risk Alpha Peers Comparison

Uniroyal Total Risk Alpha Relative To Other Indicators

Uniroyal Global Engineered is rated first in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  60.71  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Uniroyal Global Engineered is roughly  60.71 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Uniroyal Global to Peers

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