American States Total Risk Alpha
| AWR Stock | | | USD 74.21 -1.09 -1.45% |
Reference data associated with the Total Risk Alpha technical indicator for American States Water. Indicator inputs depend on available historical price observations.
American States Water has current Total Risk Alpha of 0.1003. 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] |
| = | 0.1003 | |
| ER[a] | = | Expected return on investing in American States |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on American States |
| 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
American States Water is rated
below average for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
55.86 against Total Risk Alpha. Maximum Drawdown runs about
55.86 times Total Risk Alpha for American States Water
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare American States to Peers
Other Technical Indicators