Apple Total Risk Alpha

Apple Inc -- USA Stock  

USD 171.27  6.33  3.84%

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Apple Inc has current Total Risk Alpha of 0.047499. 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]) 
STD[a] / STD[b] 
ER[a] =   Expected return on investing in Apple
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Apple
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Apple Inc is rated fifth in total risk alpha category among related companies. It is rated below average in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare Apple to competition
Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses and education, enterprise, and government customers worldwide. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Apple operates under Electronic Equipment classification in USA and traded on NASDAQ. It employs 100000 people. more
NameApple Inc
CEO, DirectorTim CookView All
Thematic Classifications
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock View All
RegionNorth America
CIK Number00320193.0
CurrencyUSD - US Dollar