Benchmark Electronics Total Risk Alpha

BHE Stock  USD 54.03  -2.02  -3.60%   
The Total Risk Alpha profile for Benchmark Electronics is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through Equity Screeners. Benchmark Electronics has a market cap of 1.93 B, operating margin of 3.29%, ROE of 2.26%. Review Trending Equities for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. This captures an allocation to Benchmark Electronics. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. This overview is based on available data and does not express a directional view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
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Benchmark Electronics has current Total Risk Alpha of 0.4807. 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]

 = 
0.4807
ER[a] = Expected return on investing in Benchmark Electronics
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Benchmark Electronics
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

Benchmark Electronics holds the #5 position for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near 16.91 . The Maximum Drawdown to Total Risk Alpha ratio for Benchmark Electronics comes in at 16.91
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Benchmark Electronics to Peers

Other Technical Indicators