Galp Energa Total Risk Alpha
| GLPEY Stock | | | USD 11.84 -0.02 -0.17% |
The Total Risk Alpha lookup presents technical context for Galp Energa and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Galp Energa has a market cap of 9.43 B, operating margin of 10.41%, ROE of 29.46%. Use
Risk vs Return Analysis to explore allocation context. This suggests a position in Galp Energa 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 discontinued.
Galp Energa has current Total Risk Alpha of 0.4249. 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] |
| = | 0.4249 | |
| ER[a] | = | Expected return on investing in Galp Energa |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Galp Energa |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Galp Energa Total Risk Alpha Peers Comparison
Galp Total Risk Alpha Relative To Other Indicators
Galp Energa is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
34.56 of Maximum Drawdown per Total Risk Alpha. At
34.56 , Galp Energa'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.
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