Soybean Oil Total Risk Alpha

ZLUSX Commodity   44.12  1.23  2.71%   
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Soybean Oil Futures has current Total Risk Alpha of 0.1516. 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]

 = 
0.1516
ER[a] = Expected return on investing in Soybean Oil
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Soybean Oil
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Soybean Oil Total Risk Alpha Peers Comparison

Soybean Total Risk Alpha Relative To Other Indicators

Soybean Oil Futures cannot be rated in Total Risk Alpha category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  62.96  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Soybean Oil Futures is roughly  62.96 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Soybean Oil to Peers

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