Selective Insurance Total Risk Alpha
| SIGI Stock | | | USD 74.04 0.31 0.42% |
The Total Risk Alpha reading for Selective Insurance Group is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Selective Insurance has a market cap of 4.47 B, operating margin of 15.33%, ROE of 13.86%. See
World Market Map for portfolio-level analysis. Allocation data is presented for contextual reference. The portfolio reflects a holding in Selective Insurance Group. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. The dataset is presented as structured reference material for independent review. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Selective Insurance Group has current Total Risk Alpha of
-0.02. 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] |
| = | -0.02 | |
| ER[a] | = | Expected return on investing in Selective Insurance |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Selective Insurance |
| 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
Selective Insurance Group is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Selective Insurance to Peers
Other Technical Indicators