Bentley Systems Total Risk Alpha
| BSY Stock | | | USD 37.95 -0.11 -0.29% |
Observed values used to calculate the Total Risk Alpha technical indicator for Bentley Systems. Values may reflect normalized price or volume observations.
Bentley Systems has current Total Risk Alpha of
-0.01. 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] |
| = | -0.01 | |
| ER[a] | = | Expected return on investing in Bentley Systems |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bentley Systems |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Bentley Systems Total Risk Alpha Peers Comparison
Bentley Total Risk Alpha Relative To Other Indicators
Bentley Systems is rated
third in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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