National Fuel Total Risk Alpha
| NFG Stock | | | USD 94.81 1.75 1.88% |
The Total Risk Alpha profile for National Fuel Gas is based on historical price and volume observations. Normalization methods and data feeds may affect reported values. National Fuel has a market cap of 8.84 B, operating margin of 43.45%, current ratio of 0.53. Use
Correlation Analysis to view allocation positioning. National Fuel Gas can be added to a watchlist or portfolio for position tracking. All figures are based on reported data and are informational in nature. Broader economic conditions can influence National Fuel Gas's company valuation — related indicators include
signals in price.
National Fuel Gas has current Total Risk Alpha of 0.3134. 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] |
| = | 0.3134 | |
| ER[a] | = | Expected return on investing in National Fuel |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on National Fuel |
| 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
National Fuel Gas is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
17.62 Maximum Drawdown per unit of Total Risk Alpha. National Fuel Gas carries a
17.62 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare National Fuel to Peers
Other Technical Indicators