Hollywood Bowl Total Risk Alpha

2H4 Stock  EUR 2.80  -0.10  -3.45%   
Historical market data for Hollywood Bowl Group forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Hollywood Bowl has a market cap of 469.25 M, operating margin of 19.74%, ROE of 22.81%. Review Trending Equities for a broader allocation view. Portfolio composition is shown for contextual purposes. The holding in Hollywood Bowl Group 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.
Hollywood Bowl Group has current Total Risk Alpha of 0.1446. 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]

 = 
0.1446
ER[a] = Expected return on investing in Hollywood Bowl
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Hollywood Bowl
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

Hollywood Bowl Group is rated below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 80.13 Maximum Drawdown per unit of Total Risk Alpha. Hollywood Bowl Group carries a 80.13 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 Hollywood Bowl to Peers

Other Technical Indicators