Element Solutions Total Risk Alpha

ESI Stock  USD 31.04  0.00  0.00%   
The Total Risk Alpha indicator for Element Solutions is derived from observed market data. For broader technical screening across instruments, see Equity Screeners. Element Solutions has a market cap of 7.56 B, operating margin of 10.31%, ROE of 7.51%. Investing Opportunities adds portfolio-level perspective. The allocation shows a weighting toward Element Solutions. The weighting is visible within the allocation breakdown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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Element Solutions has current Total Risk Alpha of 0.6365. 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]

 = 
0.6365
ER[a] = Expected return on investing in Element Solutions
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Element Solutions
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

Element Solutions places second for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly 22.96 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 22.96 times for Element Solutions
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Element Solutions to Peers

Other Technical Indicators