Sampling-based decoding strategies have been widely adopted for Large Language Models (LLMs) in numerous applications, which target a balance between diversity and quality via temperature tuning and tail truncation (e.g., top-k and top-p sampling). Considering the high dynamic range of the candidate next-token given different prefixes, recent studies propose to adaptively truncate the tail of LLM's predicted distribution. Although improved results haven been reported with these methods on open-ended text generation tasks, the results are highly dependent on the curated truncation parameters and exemplar text. In this paper, we propose a systematic way to estimate the intrinsic capacity of a truncation sampling method by considering the trade-off between diversity and risk at each decoding step, based on our collected prefix tree which preserves the context of a full sentence. Our work provides a comprehensive comparison between existing truncation sampling methods, as well as their recommended parameters as a guideline for users.