Krones AG Total Risk Alpha
| KRNNFDelisted Stock | | | USD 134.15 0.00 0.00% |
The Total Risk Alpha indicator for Krones AG is constructed from normalized market data. Related indicator context is organized within
Equity Screeners. Krones AG has a market cap of 3.49 B, operating margin of 5.01%, ROE of 12.84%. Portfolio-level context is available through
Correlation Analysis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Krones AG has current Total Risk Alpha of 0. 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 | |
| ER[a] | = | Expected return on investing in Krones AG |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Krones AG |
| 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
Krones AG is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.