| WR1 Stock | | | 0.30 0.01 3.23% |
Winsome Resources total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Winsome Resources 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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Winsome Resources has current Total Risk Alpha of 0.0229. 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] |
| = | 0.0229 | |
| ER[a] | = | Expected return on investing in Winsome Resources |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Winsome Resources |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Winsome Resources Total Risk Alpha Peers Comparison
Winsome Total Risk Alpha Relative To Other Indicators
Winsome Resources is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
1,415 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Winsome Resources is roughly
1,415 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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