Primo Brands Total Risk Alpha
| PRMB Stock | | | 20.72 0.57 2.83% |
Reference data associated with the Total Risk Alpha technical indicator for Primo Brands. Certain instruments may report limited data depending on market coverage.
Primo Brands has current Total Risk Alpha of 0.5825. 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] |
| = | 0.5825 | |
| ER[a] | = | Expected return on investing in Primo Brands |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Primo Brands |
| 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
Primo Brands ranks first in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
32.42 of Maximum Drawdown per Total Risk Alpha. At
32.42 , Primo Brands'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.
Compare Primo Brands to Peers
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