Veidekke ASA Total Risk Alpha
| VEI Stock | | | NOK 191.20 -3.00 -1.54% |
The Total Risk Alpha calculation for Veidekke ASA draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness. Additional screening context is available through
Equity Screeners. Veidekke ASA has a market cap of 14.87 B, operating margin of 3.8%, ROE of 39.56%. Portfolio-level context is available through
World Market Map. The view reflects the current state of portfolio allocation. The portfolio view uses available data to frame composition. The dataset reflects available inputs without directional implication. The allocation includes a position in Veidekke ASA. It is distributed across the allocation. The weighting is determined by the allocation framework in use. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Veidekke ASA has current Total Risk Alpha of 0.2774. 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] |
| = | 0.2774 | |
| ER[a] | = | Expected return on investing in Veidekke ASA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Veidekke ASA |
| 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
Veidekke ASA 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
23.71 per Total Risk Alpha. Veidekke ASA's Maximum Drawdown registers at
23.71 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Veidekke ASA to Peers
Other Technical Indicators