Marvell Technology Total Risk Alpha
| MRVL Stock | | | USD 86.80 -0.82 -0.94% |
Observed values used to calculate the Total Risk Alpha technical indicator for Marvell Technology Group. Some instruments may provide partial coverage depending on trading history.
Marvell Technology Group has current Total Risk Alpha of 0.3795. 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] |
| = | 0.3795 | |
| ER[a] | = | Expected return on investing in Marvell Technology |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Marvell Technology |
| 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
Marvell Technology Group carries a
fourth ranking for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
56.44 per Total Risk Alpha. Marvell Technology Group's Maximum Drawdown registers at
56.44 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Marvell Technology to Peers
Other Technical Indicators