Agricultural Bank Total Risk Alpha

EK7 Stock  EUR 0.58  -0.02  -3.33%   
The Total Risk Alpha reading for Agricultural Bank of is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Broader indicator relationships are reflected within Equity Screeners. Agricultural Bank has a market cap of 234.75 B, operating margin of 58.46%, ROE of 9.37%. Use Investing Opportunities to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. The dataset reflects available inputs without directional implication. A position in Agricultural Bank of appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Agricultural Bank of has current Total Risk Alpha of 0.2819. 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]

 = 
0.2819
ER[a] = Expected return on investing in Agricultural Bank
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Agricultural Bank
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

Agricultural Bank of ranks third among stocks in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 48.16 Maximum Drawdown per unit of Total Risk Alpha. Agricultural Bank of carries a 48.16 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Agricultural Bank to Peers

Other Technical Indicators