Itau Unibanco Total Risk Alpha
| ITUB Stock | | | USD 8.12 0.06 0.74% |
Technical inputs supporting the Total Risk Alpha indicator for Itau Unibanco Banco are shown here. Values are derived from historical price and volume observations. Itau Unibanco has a market cap of 88.83 B, operating margin of 37.31%, ROE of 21.01%.
Risk vs Return Analysis adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. A position in Itau Unibanco Banco is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Itau Unibanco Banco has current Total Risk Alpha of 0.4588. 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] |
| = | 0.4588 | |
| ER[a] | = | Expected return on investing in Itau Unibanco |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Itau Unibanco |
| 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
Itau Unibanco Banco is rated
second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
23.33 of Maximum Drawdown per Total Risk Alpha. At
23.33 , Itau Unibanco Banco's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Itau Unibanco to Peers
Other Technical Indicators