MarineMax Total Risk Alpha
| HZO Stock | | | USD 26.82 -0.52 -1.90% |
MarineMax total risk alpha lookup summarizes this and related technical indicators for MarineMax. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. MarineMax has market cap of 590.78 M, P/E of 3.55, operating margin of 1.06%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in MarineMax 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.
For information on how to trade MarineMax Stock refer to our
How to Trade MarineMax Stock guide.
MarineMax has current Total Risk Alpha of 0.2994. 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] |
| = | 0.2994 | |
| ER[a] | = | Expected return on investing in MarineMax |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MarineMax |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
MarineMax Total Risk Alpha Peers Comparison
MarineMax Total Risk Alpha Relative To Other Indicators
MarineMax is positioned as one of the top stocks in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
54.25 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for MarineMax is roughly
54.25 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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