APPLIED MATERIALS Total Risk Alpha
| AP2 Stock | | | 292.85 -10.00 -3.30% |
The Total Risk Alpha lookup presents technical context for APPLIED MATERIALS and related instruments. Some instruments may have limited coverage due to data differences;
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APPLIED MATERIALS has current Total Risk Alpha of 0.585. 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] |
| = | 0.585 | |
| ER[a] | = | Expected return on investing in APPLIED MATERIALS |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on APPLIED MATERIALS |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
APPLIED MATERIALS Total Risk Alpha Peers Comparison
APPLIED Total Risk Alpha Relative To Other Indicators
APPLIED MATERIALS maintains a
second standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
23.60 of Maximum Drawdown per Total Risk Alpha. For APPLIED MATERIALS, Maximum Drawdown stands at
23.60 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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