Advantest Total Risk Alpha
| ADTTF Stock | | | USD 153.88 -2.04 -1.31% |
This dataset for Advantest reflects inputs used in the Total Risk Alpha calculation. Data availability for the calculation period determines indicator completeness. Advantest has a market cap of 14.27 B, operating margin of 30.74%, ROE of 41.25%. Use
Trending Equities to explore allocation context. A position in Advantest appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Advantest has current Total Risk Alpha of 1.03. 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] |
| = | 1.03 | |
| ER[a] | = | Expected return on investing in Advantest |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Advantest |
| 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
Advantest holds the top spot in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
38.92 Maximum Drawdown per unit of Total Risk Alpha. Advantest carries a
38.92 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 Advantest to Peers
Other Technical Indicators