Seadrill Total Risk Alpha
| SDRL Stock | | | USD 43.17 0.27 0.63% |
The Total Risk Alpha technical lookup provides context for Seadrill Limited and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Seadrill has a market cap of 2.68 B, operating margin of 5.49%, ROE of -2.67%. See
World Market Map for portfolio-level analysis. This suggests a position in Seadrill Limited within the allocation 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 producer price index.
Seadrill Limited has current Total Risk Alpha of 0.658. 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] |
| = | 0.658 | |
| ER[a] | = | Expected return on investing in Seadrill |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Seadrill |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Seadrill Total Risk Alpha Peers Comparison
Seadrill Total Risk Alpha Relative To Other Indicators
Seadrill Limited carries a
second ranking 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
20.22 per Total Risk Alpha. Seadrill Limited's Maximum Drawdown registers at
20.22 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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