Prudential Plc Total Risk Alpha

PUKPF Stock  USD 16.10  0.00  0.00%   
This technical indicator view for Total Risk Alpha organizes signals for Prudential plc and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Review Your Equity Center to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Prudential plc across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
  
Prudential plc has current Total Risk Alpha of 0.4275. 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]

 = 
0.4275
ER[a] = Expected return on investing in Prudential Plc
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Prudential Plc
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Prudential Plc Total Risk Alpha Peers Comparison

Prudential Total Risk Alpha Relative To Other Indicators

Prudential plc maintains a second in Total Risk Alpha in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 68.58 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Prudential plc is roughly 68.58
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Prudential Plc to Peers

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