Quebecor Total Risk Alpha
| QBR-B Stock | | | CAD 58.71 0.04 0.07% |
The Total Risk Alpha indicator for Quebecor is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. Quebecor has a market cap of 13.48 B, operating margin of 26.59%, ROE of 34.42%. See
Your Equity Center for portfolio-level analysis. This suggests a position in Quebecor. Position sizing reflects the allocation methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Quebecor has current Total Risk Alpha of 0.3727. 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] |
| = | 0.3727 | |
| ER[a] | = | Expected return on investing in Quebecor |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Quebecor |
| 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
Quebecor maintains a
fifth standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
17.27 of Maximum Drawdown per Total Risk Alpha. For Quebecor, Maximum Drawdown stands at
17.27 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Quebecor to Peers
Other Technical Indicators