Apple Total Risk Alpha

    Apple Inc -- USA Stock  

    USD 172.22  0.18  0.1%

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    Apple Inc has current Total Risk Alpha of 0.0. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
    Apple 
    Total Risk Alpha 
     = 
    RFR + (ER[b] - ER[a]) 
    x  
    STD[a] / STD[b] 
     = 
    0.0
    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 second 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.
    Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
    NameApple Inc
    Analyst Consensus
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNASDAQ
    CIK Number00320193.0
    ISINUS0378331005
    CUSIP037833100
    CurrencyUSD - US Dollar