|ADXN Stock|| ||USD 0.36 0.01 2.70% |
Addex Therapeutics total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Addex Therapeutics 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
Addex Therapeutics has current Total Risk Alpha of (0.77)
. 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 Addex Therapeutics|
|ER[b]|| = ||Expected return on market index or selected benchmark|
|STD[a]|| = || Standard Deviation of returns on Addex Therapeutics|
|STD[b]|| = ||Standard Deviation of selected market or benchmark|
|RFR|| = ||Risk Free Rate of return. Typically T-Bill Rate|
Addex Therapeutics Total Risk Alpha Peers Comparison
Addex Total Risk Alpha Relative To Other Indicators
Addex Therapeutics 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.