Bystronic Total Risk Alpha
| BYS Stock | | | 212.00 2.50 1.19% |
Reference data associated with the Total Risk Alpha technical indicator for Bystronic AG. Technical inputs may vary across markets and data providers.
Bystronic AG has current Total Risk Alpha of
-0.16. 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] |
| = | -0.16 | |
| ER[a] | = | Expected return on investing in Bystronic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Bystronic |
| 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
Bystronic AG is rated
below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Bystronic to Peers
Other Technical Indicators