Supernus Pharmaceuticals Total Risk Alpha

SUPN Stock  USD 54.18  0.31  0.58%   
This technical indicator view for Total Risk Alpha organizes signals for Supernus Pharmaceuticals and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Review World Market Map to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Supernus Pharmaceuticals across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
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Supernus Pharmaceuticals has current Total Risk Alpha of 0.2911. 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]

 = 
0.2911
ER[a] = Expected return on investing in Supernus Pharmaceuticals
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Supernus Pharmaceuticals
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Supernus Pharmaceuticals Total Risk Alpha Peers Comparison

Supernus Total Risk Alpha Relative To Other Indicators

Supernus Pharmaceuticals is evaluated as third in Total Risk Alpha in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 27.56 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Supernus Pharmaceuticals is roughly 27.56
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Supernus Pharmaceuticals to Peers

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