Apogee Enterprises Total Risk Alpha
| APOG Stock | | | USD 33.07 -0.20 -0.60% |
Observed values used to calculate the Total Risk Alpha technical indicator for Apogee Enterprises. Some instruments may provide partial coverage depending on trading history.
Apogee Enterprises has current Total Risk Alpha of
-0.1. 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] |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in Apogee Enterprises |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Apogee Enterprises |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Apogee Enterprises Total Risk Alpha Peers Comparison
Apogee Total Risk Alpha Relative To Other Indicators
Apogee Enterprises is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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