Waste Management Total Risk Alpha
| WM Stock | | | USD 235.53 -0.01 -0.0042% |
The Total Risk Alpha technical lookup provides context for Waste Management and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Waste Management has market cap of 95 B, P/E of 30.57, operating margin of 20.04%. Review
Your Current Watchlist for broader portfolio context. This reflects a position in Waste Management within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Before investing in Waste Stock, review our
How to Buy Waste Management guide for key considerations.
Waste Management has current Total Risk Alpha of 0.1532. 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] |
| = | 0.1532 | |
| ER[a] | = | Expected return on investing in Waste Management |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Waste Management |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Waste Management Total Risk Alpha Peers Comparison
Waste Total Risk Alpha Relative To Other Indicators
Waste Management is evaluated as
fourth in Total Risk Alpha in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
39.18 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Waste Management is roughly
39.18 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.