| PSX Stock | | | USD 157.79 1.05 0.66% |
Phillips total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Phillips 66 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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Phillips 66 has current Total Risk Alpha of 0.1309. 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] |
| = | 0.1309 | |
| ER[a] | = | Expected return on investing in Phillips |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Phillips |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Phillips Total Risk Alpha Peers Comparison
Phillips Total Risk Alpha Relative To Other Indicators
Phillips 66 is considered to be 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
47.90 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Phillips 66 is roughly
47.90 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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