Black Stone Total Risk Alpha

BSM Stock  USD 15.23  0.01  0.07%   
The Total Risk Alpha indicator for Black Stone is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Black Stone has a market cap of 3.18 B, operating margin of 82.73%, current ratio of 2.25. Use Trending Equities to explore allocation context. Black Stone Minerals can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Black Stone Minerals's company valuation — related indicators include signals in main economic indicators.
Black Stone Minerals has current Total Risk Alpha of 0.2734. 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]

 = 
0.2734
ER[a] = Expected return on investing in Black Stone
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Black Stone
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

Black Stone Minerals is rated below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 17.37 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Black Stone Minerals sits at 17.37
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Black Stone to Peers

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