Eastman Chemical Total Risk Alpha
| 0IF3 Stock | | | 67.65 -2.43 -3.47% |
The Total Risk Alpha signal for Eastman Chemical Co reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Availability can differ across markets, exchanges, and instruments. Eastman Chemical has a market cap of 977.96 B, operating margin of 7.2%, ROE of 7.99%. Use
Trending Equities to explore allocation context. Allocation data is presented for contextual reference. Allocation figures are based on reported position values. All metrics are derived from available inputs and shown for reference. The holding in Eastman Chemical Co represents an allocation. This is situated within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
To understand the process of investing in Eastman Stock, visit our
How to Invest in Eastman Chemical guide.
Eastman Chemical Co has current Total Risk Alpha of 0.3286. 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] |
| = | 0.3286 | |
| ER[a] | = | Expected return on investing in Eastman Chemical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Eastman Chemical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Eastman Chemical Co maintains a
fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
27.27 of Maximum Drawdown per Total Risk Alpha. For Eastman Chemical Co, Maximum Drawdown stands at
27.27 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Eastman Chemical to Peers
Other Technical Indicators