Atea Pharmaceuticals Total Risk Alpha

AVIR -  USA Stock  

USD 31.57  3.12  10.97%

Atea Pharmaceuticals total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Atea Pharmaceuticals or any other equities. You can select from a set of available technical 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 tools

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Atea Pharmaceuticals has current Total Risk Alpha of 0.313. 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]) 
x  
STD[a] / STD[b] 
 = 
0.313
ER[a] = Expected return on investing in Atea Pharmaceuticals
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Atea Pharmaceuticals
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Atea Pharmaceuticals Total Risk Alpha Peers Comparison

Atea Pharmaceuticals Total Risk Alpha Relative To Other Indicators

Atea Pharmaceuticals is rated fifth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  72.66  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Atea Pharmaceuticals is roughly  72.66 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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