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International Business Total Risk Alpha

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IBM -- USA Stock  

Fiscal Quarter End: March 31, 2020  

International Business total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for International Business Machines 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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International Business Machines has current Total Risk Alpha of 0.1866. 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] 
 = 
0.1866
ER[a] =   Expected return on investing in International Business
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on International Business
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

International Business Machines is rated fourth overall in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  50.18  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for International Business Machines is roughly  50.18 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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