Hang Seng Total Risk Alpha

HSNGF Stock  USD 15.81  0.00  0.00%   
The Total Risk Alpha profile for Hang Seng Bank is based on historical price and volume observations. Related screening structures are referenced through Equity Screeners. Hang Seng has a market cap of 31.11 B, operating margin of 44.06%. Use Risk vs Return Analysis to view allocation positioning. Portfolio analysis tools can evaluate how Hang Seng Bank fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Hang Seng Bank's company valuation — related indicators include signals in census.
Hang Seng Bank has current Total Risk Alpha of -0.1. 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]

 = 
-0.1
ER[a] = Expected return on investing in Hang Seng
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Hang Seng
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

Hang Seng Bank 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 Hang Seng to Peers

Other Technical Indicators