Linde Plc Total Risk Alpha
| LIN Stock | | | USD 483.95 4.11 0.86% |
The Total Risk Alpha indicator for Linde plc Ordinary is derived from observed market data. The dataset is based on observed market activity where data is available. Linde Plc has a market cap of 222.36 B, operating margin of 28.17%, current ratio of 0.74. Use
Correlation Analysis to explore allocation context. Linde plc Ordinary can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Linde plc Ordinary's company valuation — related indicators include
signals in gross domestic product.
Linde plc Ordinary has current Total Risk Alpha of 0.2796. 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] |
| = | 0.2796 | |
| ER[a] | = | Expected return on investing in Linde Plc |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Linde Plc |
| 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
Linde plc Ordinary is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
17.84 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Linde plc Ordinary sits at
17.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Linde Plc to Peers
Other Technical Indicators