Dicks Sporting Total Risk Alpha

DKS Stock  USD 213.04  1.56  0.74%   
Dicks Sporting total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Dicks Sporting Goods 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
  
Dicks Sporting Goods has current Total Risk Alpha of 0.1827. 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]

 = 
0.1827
ER[a] = Expected return on investing in Dicks Sporting
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Dicks Sporting
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Dicks Sporting Total Risk Alpha Peers Comparison

Dicks Total Risk Alpha Relative To Other Indicators

Dicks Sporting Goods is one of the top stocks in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  98.14  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Dicks Sporting Goods is roughly  98.14 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Dicks Sporting to Peers

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