Smith Nephew Total Risk Alpha
| SNN Stock | | | USD 32.45 0.29 0.90% |
The Total Risk Alpha calculation for Smith Nephew draws on price and volume history. Each data point is derived from standardized price and volume feeds. Smith Nephew has a market cap of 13.56 B, operating margin of 13.99%, current ratio of 1.78. Portfolio-level context is available through
World Market Map. Portfolio tools allow users to monitor Smith Nephew SNATS alongside other positions. All values are based on available data and provided as reference information. Broader economic conditions can influence Smith Nephew SNATS's company valuation — related indicators include
signals in inflation.
Smith Nephew SNATS has current Total Risk Alpha of 0.0779. 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] |
| = | 0.0779 | |
| ER[a] | = | Expected return on investing in Smith Nephew |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Smith Nephew |
| 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
Smith Nephew SNATS lands at
#3 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
94.36 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Smith Nephew SNATS sits at
94.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Smith Nephew to Peers
Other Technical Indicators