LYFT Total Risk Alpha
| LYFT Stock | | | USD 13.09 0.00 0.00% |
LYFT total risk alpha lookup summarizes this and related technical indicators for LYFT Inc. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. LYFT has a market cap of 5.22 B, operating margin of -11.18%, ROE of 140.77%.
Correlation Analysis can help frame allocation decisions. This includes a position in LYFT Inc in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
LYFT Inc has current Total Risk Alpha of
-0.58. 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] |
| = | -0.58 | |
| ER[a] | = | Expected return on investing in LYFT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on LYFT |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
LYFT Total Risk Alpha Peers Comparison
LYFT Total Risk Alpha Relative To Other Indicators
LYFT Inc is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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