Bristol Myer Total Risk Alpha

BMYMP -  USA Stock  

USD 1,267  47.00  3.85%

Bristol Myer total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Bristol Myer Squi 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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Bristol Myer Squi has current Total Risk Alpha of 0.7958. 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] 
 = 
0.7958
ER[a] = Expected return on investing in Bristol Myer
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Bristol Myer
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Bristol Myer Total Risk Alpha Peers Comparison

Bristol Total Risk Alpha Relative To Other Indicators

Bristol Myer Squi is number one stock in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  61.30  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bristol Myer Squi is roughly  61.30 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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