Banco Santander Total Risk Alpha
| SAN Stock | | | EUR 9.59 0.08 0.84% |
Observed values used to calculate the Total Risk Alpha technical indicator for Banco Santander SA. Technical inputs may vary across markets and data providers.
Banco Santander SA has current Total Risk Alpha of 0.0909. 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] |
| = | 0.0909 | |
| ER[a] | = | Expected return on investing in Banco Santander |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Banco Santander |
| 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
Banco Santander SA 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
123.38 . The Maximum Drawdown to Total Risk Alpha ratio for Banco Santander SA comes in at
123.38 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Banco Santander to Peers
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