Autodesk Total Risk Alpha
| AUD Stock | | | EUR 224.05 1.45 0.65% |
This technical indicator view for Total Risk Alpha organizes signals for Autodesk and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Autodesk has market cap of 47.27 B, operating margin of 27.24%, ROE of 39.68%. See
Trending Equities for portfolio-level analysis. This suggests a position in Autodesk within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
For a detailed overview of how to trade Autodesk Stock, see our
How to Trade Autodesk Stock guide.
Autodesk has current Total Risk Alpha of
-0.19. 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] |
| = | -0.19 | |
| ER[a] | = | Expected return on investing in Autodesk |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Autodesk |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Autodesk Total Risk Alpha Peers Comparison
Autodesk Total Risk Alpha Relative To Other Indicators
Autodesk is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.