Corpay Total Risk Alpha
| CPAY Stock | | | 293.30 -0.01 -0.0034% |
Technical inputs supporting the Total Risk Alpha indicator for Corpay Inc are shown here. Values are derived from historical price and volume observations. Corpay has a market cap of 20.11 B, operating margin of 57.14%. Allocation context is available in
Trending Equities. Corpay Inc can be added to a watchlist or portfolio for position tracking. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Corpay Inc's company valuation — related indicators include
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Corpay Inc has current Total Risk Alpha of 0.1754. 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] |
| = | 0.1754 | |
| ER[a] | = | Expected return on investing in Corpay |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Corpay |
| 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
Corpay Inc is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
107.52 of Maximum Drawdown per Total Risk Alpha. At
107.52 , Corpay Inc's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Corpay to Peers
Other Technical Indicators