Teleflex Incorporated Total Risk Alpha
| TFX Stock | | | USD 107.32 -0.94 -0.87% |
Teleflex Incorporated total risk alpha lookup summarizes this and related technical indicators for Teleflex Incorporated. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Teleflex Incorporated has a market cap of 4.74 B, operating margin of 40.56%, ROE of 1.58%. Use
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Teleflex Incorporated has current Total Risk Alpha of 0.0284. 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] |
| = | 0.0284 | |
| ER[a] | = | Expected return on investing in Teleflex Incorporated |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Teleflex Incorporated |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Teleflex Incorporated Total Risk Alpha Peers Comparison
Teleflex Total Risk Alpha Relative To Other Indicators
Teleflex Incorporated is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
795.67 of Maximum Drawdown per Total Risk Alpha. At
795.67 , Teleflex 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.
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