DaVita HealthCare Total Risk Alpha
| DVA Stock | | | USD 151.69 -0.52 -0.34% |
Historical market data for DaVita HealthCare Partners forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. DaVita HealthCare has a market cap of 9.98 B, operating margin of 15.23%, current ratio of 1.41.
Investing Opportunities can help frame allocation decisions. DaVita HealthCare Partners can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence DaVita HealthCare Partners's company valuation — related indicators include
signals in persons.
DaVita HealthCare Partners has current Total Risk Alpha of 0.6971. 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] |
| = | 0.6971 | |
| ER[a] | = | Expected return on investing in DaVita HealthCare |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on DaVita HealthCare |
| 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
DaVita HealthCare Partners is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
38.44 of Maximum Drawdown per Total Risk Alpha. At
38.44 , DaVita HealthCare Partners'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 DaVita HealthCare to Peers
Other Technical Indicators