Westlake Chemical Total Risk Alpha
| WLKP Stock | | | USD 22.73 0.52 2.34% |
The Total Risk Alpha technical lookup provides context for Westlake Chemical Partners and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Westlake Chemical has a market cap of 779.64 M, operating margin of 27.79%, ROE of 36.6%. Review
Your Current Watchlist for broader portfolio context. This reflects a position in Westlake Chemical Partners across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
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Westlake Chemical Partners has current Total Risk Alpha of 0.3132. 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] |
| = | 0.3132 | |
| ER[a] | = | Expected return on investing in Westlake Chemical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Westlake Chemical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Westlake Chemical Total Risk Alpha Peers Comparison
Westlake Total Risk Alpha Relative To Other Indicators
Westlake Chemical Partners is rated
below average. in total risk alpha category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
21.48 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Westlake Chemical Partners is roughly
21.48 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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