American Airlines Total Risk Alpha

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American Airlines Group Inc has current Total Risk Alpha of 0.4231. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
American Airlines 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
0.4231
ER[a] =   Expected return on investing in American Airlines
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on American Airlines
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

American Airlines Group Inc is rated fourth in total risk alpha category among related companies. It is number one stock in maximum drawdown category among related companies reporting about  21.43  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for American Airlines Group Inc is roughly  21.43 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
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American Airlines Group Inc., through its subsidiaries, operates in the airline industry. more
NameAmerican Airlines Group Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00006201.0
ISINUS02376R1023
CUSIP02376R102,001765106