KBC Groep Total Risk Alpha

KBCSY Stock  USD 61.39  0.24  0.39%   
Reference data associated with the Total Risk Alpha technical indicator for KBC Groep NV. Technical inputs may vary across markets and data providers.
KBC Groep NV has current Total Risk Alpha of 0.0293. 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]

 = 
0.0293
ER[a] = Expected return on investing in KBC Groep
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on KBC Groep
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

KBC Groep NV is rated below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 291.73 of Maximum Drawdown per Total Risk Alpha. At 291.73 , KBC Groep NV'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 KBC Groep to Peers

Other Technical Indicators