Murphy USA Total Risk Alpha
| MUSA Stock | | | USD 456.72 1.33 0.29% |
The Total Risk Alpha lookup presents technical context for Murphy USA and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Murphy USA has a market cap of 8.47 B, operating margin of 5.25%, ROE of 64.31%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in Murphy USA within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
To understand the process of investing in Murphy Stock, visit our
How to Invest in Murphy USA guide.
Murphy USA has current Total Risk Alpha of 0.3865. 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] |
| = | 0.3865 | |
| ER[a] | = | Expected return on investing in Murphy USA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Murphy USA |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Murphy USA Total Risk Alpha Peers Comparison
Murphy Total Risk Alpha Relative To Other Indicators
Murphy USA ranks first in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
36.21 of Maximum Drawdown per Total Risk Alpha. At
36.21 , Murphy USA's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.