Bharat Immunologicals Total Risk Alpha

Bharat Immunologicals Biologicals Corp Ltd -- India Stock  

INR 21.3  0.1  0.47%

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Bharat Immunologicals Biologicals Corp Ltd has current Total Risk Alpha of (0.38). The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Bharat Immunologicals 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
(0.38)
ER[a] =   Expected return on investing in Bharat Immunologicals
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Bharat Immunologicals
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Bharat Immunologicals Biologicals Corp Ltd is rated fifth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
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Bharat Immunologicals Biologicals Corporation Limited, a biotechnology company, manufactures and markets a range of pharmaceuticals solutions in India. more
NameBharat Immunologicals Biologicals Corp Ltd
Macroaxis Advice
InstrumentIndia Stock Stocks Directory
ExchangeBombay Stock Exchange
CurrencyINR