Delta Air Total Risk Alpha
| DEAI34 Stock | | | BRL 306.10 -4.94 -1.59% |
Delta Air total risk alpha lookup summarizes this and related technical indicators for Delta Air Lines. Coverage varies by data normalization and availability; see
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Investing Opportunities to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Delta Air Lines within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Delta Air Lines has current Total Risk Alpha of
-0.09. 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] |
| = | -0.09 | |
| ER[a] | = | Expected return on investing in Delta Air |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Delta Air |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Delta Air Total Risk Alpha Peers Comparison
Delta Total Risk Alpha Relative To Other Indicators
Delta Air Lines currently holds the
# 3 position 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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