American Airlines Total Risk Alpha

American Airlines Group Inc -- USA Stock  

USD 54.62  0.78  1.41%

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American Airlines Group Inc has current Total Risk Alpha of 0.3259. 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]) 
STD[a] / STD[b] 
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 second in total risk alpha category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  14.44  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for American Airlines Group Inc is roughly  14.44 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare American Airlines to competition
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas. American Airlines operates under Major Airlines classification in USA and traded on NASDAQ exchange. It employs 126600 people. more
NameAmerican Airlines Group Inc
CEO - Bulk CommoditiesSeamus FrenchView All
Thematic ClassificationShipping ContainersView All
Analyst Consensus
Piotroski F Score
Macroaxis Advice
InstrumentUSA Stock View All
RegionNorth America
CIK Number00006201.0
Related EntityAMR
CurrencyUSD - US Dollar