Rightmove Plc Total Risk Alpha

RTMVF Stock  USD 6.09  0.33  5.73%   
Observed values used to calculate the Total Risk Alpha technical indicator for Rightmove plc. Certain instruments may report limited data depending on market coverage.
Rightmove plc has current Total Risk Alpha of -0.01. 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]

 = 
-0.01
ER[a] = Expected return on investing in Rightmove Plc
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Rightmove Plc
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

Rightmove plc is rated below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Rightmove Plc to Peers

Other Technical Indicators