Peabody Energy Total Risk Alpha
| BTU Stock | | | USD 35.07 0.43 1.24% |
Observed values used to calculate the Total Risk Alpha technical indicator for Peabody Energy Corp. Coverage may vary across instruments due to feed availability.
Peabody Energy Corp has current Total Risk Alpha of 0.5418. 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] |
| = | 0.5418 | |
| ER[a] | = | Expected return on investing in Peabody Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Peabody Energy |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Peabody Energy Total Risk Alpha Peers Comparison
Peabody Total Risk Alpha Relative To Other Indicators
Peabody Energy Corp maintains a
fourth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
26.94 of Maximum Drawdown per Total Risk Alpha. For Peabody Energy Corp, Maximum Drawdown stands at
26.94 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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