Penumbra Total Risk Alpha
| PEN Stock | | | USD 336.27 2.10 0.63% |
The Total Risk Alpha signal for Penumbra reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners. Penumbra has a market cap of 13.2 B, operating margin of 15.37%, current ratio of 4.93. Use
Your Equity Center to view allocation positioning. Portfolio tools allow users to monitor Penumbra alongside other positions. All values are presented as reference data. Broader economic conditions can influence Penumbra's company valuation — related indicators include
signals in median.
For more detail on Penumbra Stock please use our
How to Invest in Penumbra Stock guide.
Penumbra has current Total Risk Alpha of 0.2804. 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] |
| = | 0.2804 | |
| ER[a] | = | Expected return on investing in Penumbra |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Penumbra |
| 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
Penumbra lands at
#3 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
58.28 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Penumbra sits at
58.28 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Penumbra to Peers
Other Technical Indicators