Hesai Group Total Risk Alpha

HSAI Stock   24.34  -1.33  -5.18%   
Hesai Group total risk alpha lookup summarizes this and related technical indicators for Hesai Group Sponsored. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Hesai Group has a market cap of 4.03 B, operating margin of 9.73%, ROE of 6.84%. Use Risk vs Return Analysis to explore allocation context. This includes a position in Hesai Group Sponsored 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 nation.
Hesai Group Sponsored has current Total Risk Alpha of 0.5744. 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]

 = 
0.5744
ER[a] = Expected return on investing in Hesai Group
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Hesai Group
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Hesai Group Total Risk Alpha Peers Comparison

Hesai Total Risk Alpha Relative To Other Indicators

Hesai Group Sponsored places second for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly 35.74 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 35.74 times for Hesai Group Sponsored
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Hesai Group to Peers

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