Jianpu Technology Total Risk Alpha

JTDelisted Stock  USD 0.78  0.03  4.00%   
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Jianpu Technology has current Total Risk Alpha of (1.97). 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]

 = 
(1.97)
ER[a] = Expected return on investing in Jianpu Technology
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Jianpu Technology
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Jianpu Technology Total Risk Alpha Peers Comparison

Jianpu Total Risk Alpha Relative To Other Indicators

Jianpu Technology 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.

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