Jalles Machado Total Risk Alpha

JALL3 Stock  BRL 3.23  -0.08  -2.42%   
The Total Risk Alpha profile for Jalles Machado SA is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Jalles Machado has a market cap of 2.19 B, operating margin of 41.65%, current ratio of 2.73. Portfolio-level context is available through Risk vs Return Analysis. Monitoring Jalles Machado SA within a portfolio highlights how it interacts with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Jalles Machado SA's company valuation — related indicators include signals in nation.
Jalles Machado SA has current Total Risk Alpha of 0.3835. 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]

 = 
0.3835
ER[a] = Expected return on investing in Jalles Machado
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Jalles Machado
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

Jalles Machado SA maintains a fourth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 37.55 of Maximum Drawdown per Total Risk Alpha. For Jalles Machado SA, Maximum Drawdown stands at 37.55 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Jalles Machado to Peers

Other Technical Indicators