Harmonic Total Risk Alpha
| HLIT Stock | | | USD 9.51 0.19 2.04% |
The Total Risk Alpha indicator for Harmonic is constructed from normalized market data. All inputs reflect available trading data across supported markets. Harmonic has a market cap of 1.07 B, operating margin of 3.84%, current ratio of 1.52. Use
Risk vs Return Analysis to explore allocation context. Including Harmonic in a portfolio enables allocation and risk analysis. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Harmonic's company valuation — related indicators include
signals in gross domestic product.
Exploring Harmonic Stock for the first time? Start with our
How to Buy Harmonic Stock step-by-step guide. It provides a clear overview of how to add Harmonic to your portfolio. It is a useful companion to the data and analysis available on this page for Harmonic Stock.
Harmonic has current Total Risk Alpha of 0.0796. 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] |
| = | 0.0796 | |
| ER[a] | = | Expected return on investing in Harmonic |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Harmonic |
| 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
Harmonic is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
149.43 of Maximum Drawdown per Total Risk Alpha. For Harmonic, Maximum Drawdown stands at
149.43 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Harmonic to Peers
Other Technical Indicators