Minerals 260 Total Risk Alpha vs. Treynor Ratio
| MI6 Stock | | | 0.12 0.00 0.00% |
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Minerals 260 has current Total Risk Alpha of
(0.87). 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] |
| = | (0.87) | |
| ER[a] | = | Expected return on investing in Minerals 260 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Minerals 260 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Minerals 260 Total Risk Alpha Peers Comparison
Minerals Total Risk Alpha Relative To Other Indicators
Minerals 260 is regarded
fifth in total risk alpha category among its peers. It is currently under evaluation in treynor ratio category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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