Sabre Insurance Total Risk Alpha

18M Stock  EUR 1.79  -0.02  -1.10%   
Reference data associated with the Total Risk Alpha technical indicator for Sabre Insurance Group. Values may reflect normalized price or volume observations.
Sabre Insurance Group has current Total Risk Alpha of 0.7168. 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]

 = 
0.7168
ER[a] = Expected return on investing in Sabre Insurance
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Sabre Insurance
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

Sabre Insurance Group ranks second among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 23.30 Maximum Drawdown per unit of Total Risk Alpha. Sabre Insurance Group carries a 23.30 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Sabre Insurance to Peers

Other Technical Indicators