Teledyne Technologies Total Risk Alpha

TDY Stock  USD 638.91  -7.66  -1.18%   
Teledyne Technologies total risk alpha lookup summarizes this and related technical indicators for Teledyne Technologies Incorporated. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Teledyne Technologies has a market cap of 29.59 B, operating margin of 20.6%, ROE of 8.93%. Use World Market Map to explore allocation context. This includes a position in Teledyne Technologies Incorporated 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 services.
Teledyne Technologies Incorporated has current Total Risk Alpha of 0.4414. 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]

 = 
0.4414
ER[a] = Expected return on investing in Teledyne Technologies
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Teledyne Technologies
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Teledyne Technologies Total Risk Alpha Peers Comparison

Teledyne Total Risk Alpha Relative To Other Indicators

Teledyne Technologies Incorporated is rated second in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 31.49 of Maximum Drawdown per Total Risk Alpha. At 31.49 , Teledyne Technologies Incorporated's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Teledyne Technologies to Peers

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