Kezar Life Total Risk Alpha
| KZR Stock | | | USD 6.83 -0.07 -1.01% |
Reference data associated with the Total Risk Alpha technical indicator for Kezar Life Sciences. Coverage may vary across instruments due to feed availability.
Kezar Life Sciences has current Total Risk Alpha of 0.2456. 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] |
| = | 0.2456 | |
| ER[a] | = | Expected return on investing in Kezar Life |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Kezar Life |
| 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
Kezar Life Sciences is ranked
fourth for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
49.22 against Total Risk Alpha. Maximum Drawdown runs about
49.22 times Total Risk Alpha for Kezar Life Sciences
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Kezar Life to Peers
Other Technical Indicators