PureTech Health Total Risk Alpha
| PRTC Stock | | | USD 16.64 -0.22 -1.30% |
The Total Risk Alpha lookup presents technical context for PureTech Health PLC and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. PureTech Health has a market cap of 402.37 M, operating margin of -25.9%, ROE of 9.44%.
Your Equity Center can help frame allocation decisions. The allocation includes a position in PureTech Health PLC 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 population.
PureTech Health PLC has current Total Risk Alpha of 0.155. 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] |
| = | 0.155 | |
| ER[a] | = | Expected return on investing in PureTech Health |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PureTech Health |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PureTech Health Total Risk Alpha Peers Comparison
PureTech Total Risk Alpha Relative To Other Indicators
PureTech Health PLC is rated
below average for total risk alpha relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Total Risk Alpha ratio near
98.71 . The Maximum Drawdown to Total Risk Alpha ratio for PureTech Health PLC comes in at
98.71 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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