Alphabet Total Risk Alpha vs. Treynor Ratio
| GOGL34 Stock | | | BRL 133.00 -0.91 -0.68% |
Observed values used to calculate the this indicator technical indicator for Alphabet. Indicator values reflect available price and volume data where applicable.
Alphabet has current Total Risk Alpha of
-0.06. 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] |
| = | -0.06 | |
| ER[a] | = | Expected return on investing in Alphabet |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alphabet |
| 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
Alphabet is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in treynor ratio among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Alphabet to Peers
Other Technical Indicators