|BIBCL -- India Stock|| |
INR 20.40 1.55 8.22%
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Bharat Immunologicals Biologicals Corp Ltd has current Total Risk Alpha of 0.0. 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])
STD[a] / STD[b]
| = |
|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 below average
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.