The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening toolsApple Inc has current Total Risk Alpha of 0.1593. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
|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 fifth in maximum drawdown category among related companies reporting about 38.69 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Apple Inc is roughly 38.69
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
|Compare Apple to competition|