ProPetro Holding Total Risk Alpha

PUMP Stock  USD 14.59  -0.11  -0.75%   
The Total Risk Alpha profile for ProPetro Holding Corp is based on historical price and volume observations. All inputs reflect available trading data across supported markets. ProPetro Holding has a market cap of 1.78 B, operating margin of 3.55%, ROE of 0.1%. Use Your Equity Center to view allocation positioning. Allocation details are provided as informational context. This captures an allocation to ProPetro Holding Corp. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. No forward-looking guarantees are expressed or implied by this data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
ProPetro Holding Corp has current Total Risk Alpha of 1.01. 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]

 = 
1.01
ER[a] = Expected return on investing in ProPetro Holding
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ProPetro Holding
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

ProPetro Holding Corp is ranked second for total risk alpha against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly 13.41 against Total Risk Alpha. Maximum Drawdown runs about 13.41 times Total Risk Alpha for ProPetro Holding Corp
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare ProPetro Holding to Peers

Other Technical Indicators