Bristow Total Risk Alpha

VTOL Stock  USD 44.65  1.38  3.19%   
Observed values used in the Total Risk Alpha indicator for Bristow Group are included in this dataset. The underlying data comes from exchange-reported trading records. Bristow has a market cap of 1.3 B, operating margin of 11.39%, ROE of 13.27%. Allocation context is available in World Market Map. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. Reported data is organized for reference and does not imply a course of action. A position in Bristow Group is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Bristow Group has current Total Risk Alpha of 0.4995. 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]

 = 
0.4995
ER[a] = Expected return on investing in Bristow
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Bristow
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

Bristow Group 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 16.92 per Total Risk Alpha. Bristow Group's Maximum Drawdown registers at 16.92 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Bristow to Peers

Other Technical Indicators