Formula Systems Total Risk Alpha
| FORTY Stock | | | USD 130.50 -4.38 -3.25% |
The Total Risk Alpha reading for Formula Systems 1985 is computed from historical trading observations. Normalization methods and data feeds may affect reported values. Formula Systems has a market cap of 2.43 B, operating margin of 9.13%, ROE of 14.09%.
Investing Opportunities can help frame allocation decisions. The holding in Formula Systems 1985 represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Formula Systems 1985 has current Total Risk Alpha of 0.7421. 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] |
| = | 0.7421 | |
| ER[a] | = | Expected return on investing in Formula Systems |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Formula Systems |
| 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
Formula Systems 1985 is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
36.64 of Maximum Drawdown per Total Risk Alpha. At
36.64 , Formula Systems 1985'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 Formula Systems to Peers
Other Technical Indicators