RBC Bearings Total Risk Alpha

RBC Stock  USD 537.20  6.09  1.15%   
The Total Risk Alpha indicator for RBC Bearings is constructed from normalized market data. Related indicator context is organized within Equity Screeners. RBC Bearings has a market cap of 16.99 B, operating margin of 22.44%, current ratio of 2.77. Use Your Equity Center to view allocation positioning. RBC Bearings Incorporated can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence RBC Bearings Incorporated's company valuation — related indicators include signals in bureau of labor statistics.
RBC Bearings Incorporated has current Total Risk Alpha of 0.3821. 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]

 = 
0.3821
ER[a] = Expected return on investing in RBC Bearings
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on RBC Bearings
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

RBC Bearings Incorporated holds the #2 position 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 19.30 . The Maximum Drawdown to Total Risk Alpha ratio for RBC Bearings Incorporated comes in at 19.30
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare RBC Bearings to Peers

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