Grifols SA Total Risk Alpha

GIFLFDelisted Stock  USD 13.90  0.00  0.00%   
Reference data associated with the Total Risk Alpha technical indicator for Grifols SA. Technical inputs may vary across markets and data providers.
Grifols SA has current Total Risk Alpha of 0. 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
ER[a] = Expected return on investing in Grifols SA
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Grifols SA
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

Grifols SA is rated below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.