Walmart Total Risk Alpha

WMT Stock  EUR 106.36  0.04  0.04%   
This technical indicator view for Total Risk Alpha organizes signals for Walmart and comparable instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Review Your Current Watchlist to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Walmart within the portfolio mix. 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.
  
Walmart has current Total Risk Alpha of 0.1807. 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]

 = 
0.1807
ER[a] = Expected return on investing in Walmart
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Walmart
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Walmart Total Risk Alpha Peers Comparison

Walmart Total Risk Alpha Relative To Other Indicators

Walmart is evaluated as second 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 46.95 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Walmart is roughly 46.95
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Walmart to Peers

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