M Dias Total Risk Alpha
| MDIA3 Stock | | | BRL 21.25 -0.28 -1.30% |
The Total Risk Alpha indicator for M Dias Branco is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Broader indicator relationships are reflected within
Equity Screeners. M Dias has a market cap of 11.38 B, operating margin of 7.56%, ROE of 9.16%. Use
Correlation Analysis to explore allocation context. Allocation data is presented for contextual reference. A position in M Dias Branco is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. This content does not constitute investment advice or a recommendation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
M Dias Branco has current Total Risk Alpha of 0.0567. 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] |
| = | 0.0567 | |
| ER[a] | = | Expected return on investing in M Dias |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on M Dias |
| 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
M Dias Branco is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
248.34 of Maximum Drawdown per Total Risk Alpha. For M Dias Branco, Maximum Drawdown stands at
248.34 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare M Dias to Peers
Other Technical Indicators