EXACT Sciences Total Risk Alpha
| EXAS Stock | | | USD 103.57 0.30 0.29% |
EXACT Sciences total risk alpha lookup summarizes this and related technical indicators for EXACT Sciences. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. EXACT Sciences has a market cap of 19.77 B, operating margin of -9.28%, ROE of -8.66%. Use
Investing Opportunities to explore allocation context. This includes a position in EXACT Sciences 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.
For information on how to trade EXACT Stock refer to our
How to Trade EXACT Stock guide.
EXACT Sciences has current Total Risk Alpha of 0.0385. 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] |
| = | 0.0385 | |
| ER[a] | = | Expected return on investing in EXACT Sciences |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on EXACT Sciences |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
EXACT Sciences Total Risk Alpha Peers Comparison
EXACT Total Risk Alpha Relative To Other Indicators
EXACT Sciences is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
21.67 of Maximum Drawdown per Total Risk Alpha. For EXACT Sciences, Maximum Drawdown stands at
21.67 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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