Tetra Tech Total Risk Alpha
| TTEK Stock | | | USD 30.90 0.12 0.39% |
Reference data associated with the Total Risk Alpha technical indicator for Tetra Tech. Values may reflect normalized price or volume observations.
Tetra Tech has current Total Risk Alpha of 0.1498. 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] |
| = | 0.1498 | |
| ER[a] | = | Expected return on investing in Tetra Tech |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Tetra Tech |
| 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
Tetra Tech is rated
below average for total risk alpha within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
111.44 per Total Risk Alpha. Tetra Tech's Maximum Drawdown registers at
111.44 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Tetra Tech to Peers
Other Technical Indicators