Wayfair Total Risk Alpha

W Stock  USD 77.90  -1.99  -2.49%   
Observed values used to calculate the Total Risk Alpha technical indicator for Wayfair. Availability may differ across exchanges, markets, and reporting intervals.
Wayfair has current Total Risk Alpha of 0.032. 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]

 = 
0.032
ER[a] = Expected return on investing in Wayfair
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Wayfair
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

Wayfair falls in the fifth position for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a 636.01 ratio of Maximum Drawdown to Total Risk Alpha. Wayfair's Maximum Drawdown exceeds Total Risk Alpha by a factor of 636.01
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Wayfair to Peers

Other Technical Indicators