| UNIR Stock | | | USD 0.0008 0.00 0.00% |
Uniroyal Global total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Uniroyal Global Engineered 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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Uniroyal Global Engineered has current Total Risk Alpha of 15.01. 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] |
| = | 15.01 | |
| 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
72.77 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Uniroyal Global Engineered is roughly
72.77 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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