| PBR Stock | | | USD 15.79 0.07 0.45% |
Petroleo Brasileiro total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Petroleo Brasileiro Petrobras 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
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Petroleo Brasileiro Petrobras has current Total Risk Alpha of
(0.18). 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] |
| = | (0.18) | |
| ER[a] | = | Expected return on investing in Petroleo Brasileiro |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Petroleo Brasileiro |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Petroleo Brasileiro Total Risk Alpha Peers Comparison
Petroleo Total Risk Alpha Relative To Other Indicators
Petroleo Brasileiro Petrobras is regarded
second in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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