Ultra Clean Total Risk Alpha
| UCTT Stock | | | USD 52.90 2.34 4.63% |
The Total Risk Alpha lookup presents technical context for Ultra Clean Holdings and related instruments. Data availability can vary by region and feed;
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Ultra Clean Holdings has current Total Risk Alpha of 1.21. 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] |
| = | 1.21 | |
| ER[a] | = | Expected return on investing in Ultra Clean |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ultra Clean |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Ultra Clean Total Risk Alpha Peers Comparison
Ultra Total Risk Alpha Relative To Other Indicators
Ultra Clean Holdings is evaluated as
second 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
23.92 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Ultra Clean Holdings is roughly
23.92 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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