Argo Group Total Risk Alpha vs. Downside Variance
| ARGD Stock | | | USD 21.14 0.10 0.48% |
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Argo Group 65 has current Total Risk Alpha of 0.0236. 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] |
| = | 0.0236 | |
| ER[a] | = | Expected return on investing in Argo Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Argo Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Argo Group Total Risk Alpha Peers Comparison
Argo Total Risk Alpha Relative To Other Indicators
Argo Group 65 is number one stock in total risk alpha category among its peers. It is currently under evaluation in downside variance category among its peers reporting about
12.77 of Downside Variance per Total Risk Alpha. The ratio of Downside Variance to Total Risk Alpha for Argo Group 65 is roughly
12.77 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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