Coty Total Risk Alpha
| COTY Stock | | | USD 2.13 0.01 0.47% |
Observed values used to calculate the Total Risk Alpha technical indicator for Coty Inc. Some instruments may provide partial coverage depending on trading history.
Coty Inc has current Total Risk Alpha of
-0.30. 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] |
| = | -0.30 | |
| ER[a] | = | Expected return on investing in Coty |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Coty |
| 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
Coty Inc is rated
below average 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.
Compare Coty to Peers
Other Technical Indicators