Heartland Express Total Risk Alpha
| HTLD Stock | | | USD 9.65 0.07 0.73% |
The Total Risk Alpha indicator for Heartland Express is derived from observed market data. The dataset is based on observed market activity where data is available. Heartland Express has a market cap of 747.44 M, operating margin of -8.94%, ROE of -6.65%. Review
Risk vs Return Analysis for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. This includes a position in Heartland Express. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. 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.
Our
How to Invest in Heartland Express guide provides practical guidance on trading Heartland Stock.
Heartland Express has current Total Risk Alpha of 0.3901. 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] |
| = | 0.3901 | |
| ER[a] | = | Expected return on investing in Heartland Express |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Heartland Express |
| 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
Heartland Express is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
36.77 . The Maximum Drawdown to Total Risk Alpha ratio for Heartland Express comes in at
36.77 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Heartland Express to Peers
Other Technical Indicators