CarsalesCom Total Risk Alpha
| CSXXY Stock | | | USD 35.07 -0.87 -2.42% |
CarsalesCom total risk alpha lookup summarizes this and related technical indicators for CarsalesCom Ltd ADR. Coverage varies by data normalization and availability; see
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CarsalesCom Ltd ADR has current Total Risk Alpha of
-0.28. 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] |
| = | -0.28 | |
| ER[a] | = | Expected return on investing in CarsalesCom |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CarsalesCom |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CarsalesCom Total Risk Alpha Peers Comparison
CarsalesCom Total Risk Alpha Relative To Other Indicators
CarsalesCom Ltd ADR is rated
below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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