Verizon Communications Total Risk Alpha
| VZ Stock | | | 21.29 0.26 1.24% |
The Total Risk Alpha indicator for Verizon Communications CDR is derived from observed market data. The dataset is based on observed market activity where data is available. Verizon Communications has a market cap of 290.98 B, operating margin of 23.93%, ROE of 19.88%. Use
World Market Map to explore allocation context. The allocation summary reflects available position data. Composition figures are derived from reported holdings. The allocation includes a position in Verizon Communications CDR. It is distributed across the allocation. The weighting is determined by the allocation framework in use. All values are based on available data and provided as reference information. 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.
For a detailed overview of how to trade Verizon Stock, see our
How to Trade Verizon Stock guide.
Verizon Communications CDR has current Total Risk Alpha of 0.5501. 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] |
| = | 0.5501 | |
| ER[a] | = | Expected return on investing in Verizon Communications |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Verizon Communications |
| 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
Verizon Communications CDR lands at
#3 in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
24.78 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Verizon Communications CDR sits at
24.78 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Verizon Communications to Peers
Other Technical Indicators