ResMed Total Risk Alpha
| RMD Stock | | | USD 227.37 -0.04 -0.02% |
The Total Risk Alpha reading for ResMed Inc is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. ResMed has a market cap of 33.26 B, operating margin of 35.16%, ROE of 25.68%. See
Your Equity Center for portfolio-level analysis. Allocation data is presented for contextual reference. This reflects a position in ResMed Inc. This is situated within the portfolio mix. The allocation framework shapes how individual positions are weighted. This overview is based on available data and does not express a directional view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
ResMed Inc has current Total Risk Alpha of 0.0329. 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] |
| = | 0.0329 | |
| ER[a] | = | Expected return on investing in ResMed |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ResMed |
| 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
ResMed Inc holds the
#5 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
296.40 . The Maximum Drawdown to Total Risk Alpha ratio for ResMed Inc comes in at
296.40 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ResMed to Peers
Other Technical Indicators