Antofagasta PLC Total Risk Alpha
| ANTO Stock | | | 3,562 41.00 1.16% |
Reference data associated with the Total Risk Alpha technical indicator for Antofagasta PLC. Indicator values reflect available price and volume data where applicable.
Antofagasta PLC has current Total Risk Alpha of 0.5073. 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] |
| = | 0.5073 | |
| ER[a] | = | Expected return on investing in Antofagasta PLC |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Antofagasta PLC |
| 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
Antofagasta PLC maintains a
second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
32.39 of Maximum Drawdown per Total Risk Alpha. For Antofagasta PLC, Maximum Drawdown stands at
32.39 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Antofagasta PLC to Peers
Other Technical Indicators