Apple Total Risk Alpha

Apple Inc -- USA Stock  

USD 172.43  1.36  0.80%

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Apple 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.
Apple 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
0.1593
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
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 exchange. It employs 100000 people. more
NameApple Inc
CEO, DirectorTim CookAll Leadership
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100
CurrencyUSD - US Dollar