Meier Tobler Total Risk Alpha

MTG Stock  CHF 34.55  -0.20  -0.58%   
Observed values used to calculate the Total Risk Alpha technical indicator for Meier Tobler Group. Indicator values reflect available price and volume data where applicable.
Meier Tobler Group has current Total Risk Alpha of -0.11. 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]

 = 
-0.11
ER[a] = Expected return on investing in Meier Tobler
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Meier Tobler
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

Meier Tobler Group is rated below average for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Meier Tobler to Peers

Other Technical Indicators