TRI Pointe Total Risk Alpha

TPH Stock  USD 46.62  0.02  0.04%   
The Total Risk Alpha reading for TRI Pointe Homes is computed from historical trading observations. Values reflect historical observations within the available dataset. TRI Pointe has a market cap of 4.01 B, operating margin of 9.48%, ROE of 7.25%. Portfolio-level context is available through World Market Map. The view reflects the current state of portfolio allocation. A position in TRI Pointe Homes is indicated here. This is part of the broader portfolio composition. 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.
TRI Pointe Homes has current Total Risk Alpha of 1.0. 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]

 = 
1.0
ER[a] = Expected return on investing in TRI Pointe
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on TRI Pointe
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

TRI Pointe Homes claims the number one ranking for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly 26.90 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 26.90 times for TRI Pointe Homes
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare TRI Pointe to Peers

Other Technical Indicators