South32 Total Risk Alpha
| SHTLF Stock | | | USD 3.12 0.12 4.00% |
The Total Risk Alpha technical lookup provides context for South32 Limited and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. South32 has a market cap of 15 B, operating margin of 37.1%, ROE of 27.05%. Review
World Market Map for broader portfolio context. This reflects a position in South32 Limited in the portfolio 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.
South32 Limited has current Total Risk Alpha of 0.6849. 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] |
| = | 0.6849 | |
| ER[a] | = | Expected return on investing in South32 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on South32 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
South32 Total Risk Alpha Peers Comparison
South32 Total Risk Alpha Relative To Other Indicators
South32 Limited is rated
below average in total risk alpha across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
30.93 Maximum Drawdown per unit of Total Risk Alpha. South32 Limited carries a
30.93 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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