HeidelbergCement Total Risk Alpha
| HLBZF Stock | | | USD 185.45 -11.10 -5.65% |
HeidelbergCement total risk alpha lookup summarizes this and related technical indicators for HeidelbergCement AG. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. HeidelbergCement has a market cap of 13.18 B, operating margin of 10.23%, ROE of 10.42%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in HeidelbergCement AG 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 various price indices.
HeidelbergCement AG has current Total Risk Alpha of
-0.27. 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] |
| = | -0.27 | |
| ER[a] | = | Expected return on investing in HeidelbergCement |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on HeidelbergCement |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
HeidelbergCement Total Risk Alpha Peers Comparison
HeidelbergCement Total Risk Alpha Relative To Other Indicators
HeidelbergCement AG 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.
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