Stockholm Total Risk Alpha

ST
OMXSPI -- Sweden Index  

 634.21  10.32  1.65%

Stockholm total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Stockholm 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 Equity Screeners to view more equity screening tools

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Stockholm has current Total Risk Alpha of 0.0403. 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] 
 = 
0.0403
ER[a] =   Expected return on investing in Stockholm
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Stockholm
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Stockholm cannot be rated in Total Risk Alpha category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  531.98  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Stockholm is roughly  531.98 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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