AMADEUS IT Total Risk Alpha
| AI3B Stock | | | EUR 51.50 0.50 0.98% |
Reference data associated with the Total Risk Alpha technical indicator for AMADEUS IT GRP. Some instruments may provide partial coverage depending on trading history.
AMADEUS IT GRP has current Total Risk Alpha of 0.0096. 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] |
| = | 0.0096 | |
| ER[a] | = | Expected return on investing in AMADEUS IT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on AMADEUS IT |
| 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
AMADEUS IT GRP 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
1,519 Maximum Drawdown per unit of Total Risk Alpha. AMADEUS IT GRP carries a
1,519 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 AMADEUS IT to Peers
Other Technical Indicators