National Australia Total Risk Alpha
| NAUBF Stock | | | USD 30.76 0.00 0.00% |
National Australia total risk alpha lookup summarizes this and related technical indicators for National Australia Bank. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. National Australia has market cap of 67.92 B, P/E of 33.38, operating margin of 55.78%. Use
Correlation Analysis to explore allocation context. This includes a position in National Australia Bank inside the allocation 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 bureau of labor statistics.
National Australia Bank has current Total Risk Alpha of 0.3144. 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] |
| = | 0.3144 | |
| ER[a] | = | Expected return on investing in National Australia |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on National Australia |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
National Australia Total Risk Alpha Peers Comparison
National Total Risk Alpha Relative To Other Indicators
National Australia Bank maintains a
fourth in Total Risk Alpha in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
58.96 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for National Australia Bank is roughly
58.96 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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