Holcim Total Risk Alpha

HCMLF Stock  USD 78.60  -1.40  -1.75%   
The Total Risk Alpha reading for Holcim is computed from historical trading observations. Values reflect historical observations within the available dataset. Holcim has a market cap of 37.07 B, operating margin of 14.62%, ROE of 9.73%. Risk vs Return Analysis adds portfolio-level perspective. The portfolio structure is presented for analytical context. The view is constructed from recorded portfolio positions. This includes a position in Holcim. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. This information is provided for contextual purposes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Holcim has current Total Risk Alpha of -0.08. 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]

 = 
-0.08
ER[a] = Expected return on investing in Holcim
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Holcim
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

Holcim 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. Compare Holcim to Peers

Other Technical Indicators