Datadog Total Risk Alpha

DDOG Stock  USD 129.27  0.00  0.00%   
Historical market data for Datadog forms the basis of the Total Risk Alpha indicator shown here. Coverage may vary depending on data availability and normalization methods. Datadog has a market cap of 44.26 B, operating margin of 1.0%, ROE of 3.34%. Use Investing Opportunities to view allocation positioning. This includes a position in Datadog. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Discover how to invest in Datadog Stock by reading our How to Buy Datadog Stock guide. It offers practical guidance on account setup, order types, and timing for Datadog. Use it as a practical starting point for your Datadog Stock investment research.
Datadog has current Total Risk Alpha of 0.3533. 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]

 = 
0.3533
ER[a] = Expected return on investing in Datadog
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Datadog
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

Datadog ranks fifth among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 70.79 Maximum Drawdown per unit of Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Datadog to Peers

Other Technical Indicators