Banco De Total Risk Alpha
| G4RA Stock | | | EUR 33.40 0.40 1.21% |
The Total Risk Alpha signal for Banco de Chile reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners. Banco De has a market cap of 16.87 B, ROE of 20.88%.
Risk vs Return Analysis can help frame allocation decisions. This suggests a position in Banco de Chile. This appears in the portfolio view. 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.
Banco de Chile has current Total Risk Alpha of 0.3737. 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] |
| = | 0.3737 | |
| ER[a] | = | Expected return on investing in Banco De |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Banco De |
| 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
Banco de Chile is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
30.62 Maximum Drawdown per unit of Total Risk Alpha. Banco de Chile carries a
30.62 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 Banco De to Peers
Other Technical Indicators