Accel Entertainment Total Risk Alpha

ACEL Stock  USD 11.45  -0.03  -0.26%   
Accel Entertainment total risk alpha lookup summarizes this and related technical indicators for Accel Entertainment. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Use Trending Equities to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in Accel Entertainment in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
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Accel Entertainment has current Total Risk Alpha of 0.1786. 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]

 = 
0.1786
ER[a] = Expected return on investing in Accel Entertainment
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Accel Entertainment
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Accel Entertainment Total Risk Alpha Peers Comparison

Accel Total Risk Alpha Relative To Other Indicators

Accel Entertainment is rated third among stocks in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 137.95 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Accel Entertainment is roughly 137.95
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Accel Entertainment to Peers

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