Case Group Total Risk Alpha

CASE Stock   21.00  -0.40  -1.87%   
Reference data associated with the Total Risk Alpha technical indicator for Case Group AB. Some instruments may provide partial coverage depending on trading history.
Case Group AB has current Total Risk Alpha of 0.2638. 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]

 = 
0.2638
ER[a] = Expected return on investing in Case Group
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Case Group
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

Case Group AB is rated below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 58.52 of Maximum Drawdown per Total Risk Alpha. For Case Group AB, Maximum Drawdown stands at 58.52 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Case Group to Peers

Other Technical Indicators