Ping An Total Risk Alpha

PIAIF Stock  USD 7.80  0.51  7.00%   
The Total Risk Alpha profile for Ping An Insurance is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Ping An has a market cap of 132.9 B, operating margin of 12.16%, current ratio of 6.18. See Your Equity Center for portfolio-level analysis. Tracking Ping An Insurance in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Ping An Insurance's company valuation — related indicators include signals in gross domestic product.
Ping An Insurance has current Total Risk Alpha of 0.2585. 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]

 = 
0.2585
ER[a] = Expected return on investing in Ping An
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ping An
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

Ping An Insurance ranks third among pink sheets in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 84.20 Maximum Drawdown per unit of Total Risk Alpha. Ping An Insurance carries a 84.20 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 Ping An to Peers

Other Technical Indicators