Royal Caribbean Total Risk Alpha
| RCL Stock | | | USD 272.54 6.05 2.27% |
Royal Caribbean total risk alpha lookup summarizes this and related technical indicators for Royal Caribbean Cruises. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Royal Caribbean has a market cap of 74.33 B, operating margin of 21.98%, ROE of 47.73%. Use
Your Equity Center to explore allocation context. This includes a position in Royal Caribbean Cruises 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 unemployment.
Royal Caribbean Cruises has current Total Risk Alpha of 0.3934. 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] |
| = | 0.3934 | |
| ER[a] | = | Expected return on investing in Royal Caribbean |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Royal Caribbean |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Royal Caribbean Total Risk Alpha Peers Comparison
Royal Total Risk Alpha Relative To Other Indicators
Royal Caribbean Cruises sits atop the peer group for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
65.18 per Total Risk Alpha. Royal Caribbean Cruises's Maximum Drawdown registers at
65.18 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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