Playtech PLC Total Risk Alpha

PYTCY Stock  USD 19.38  0.00  0.00%   
Playtech PLC total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Playtech PLC ADR 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
  
Playtech PLC ADR has current Total Risk Alpha of 0.1899. 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]

 = 
0.1899
ER[a] = Expected return on investing in Playtech PLC
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Playtech PLC
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Playtech PLC Total Risk Alpha Peers Comparison

Playtech Total Risk Alpha Relative To Other Indicators

Playtech PLC ADR is considered to be number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  86.34  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Playtech PLC ADR is roughly  86.34 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Playtech PLC to Peers

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