Lamar Advertising Total Risk Alpha

LAMR Stock  USD 124.57  -2.84  -2.23%   
This dataset for Lamar Advertising reflects inputs used in the Total Risk Alpha calculation. Data availability for the calculation period determines indicator completeness. Lamar Advertising has a market cap of 12.62 B, operating margin of 32.93%, ROE of 57.22%. See Correlation Analysis for additional portfolio context. A position in Lamar Advertising appears within the mix. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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Lamar Advertising has current Total Risk Alpha of 0.15. 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]

 = 
0.15
ER[a] = Expected return on investing in Lamar Advertising
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Lamar Advertising
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

Lamar Advertising is rated below average for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly 33.29 against Total Risk Alpha. Maximum Drawdown runs about 33.29 times Total Risk Alpha for Lamar Advertising
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Lamar Advertising to Peers

Other Technical Indicators