Spire Total Risk Alpha

SR Stock  USD 58.88  0.71  1.19%   
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Spire Inc has current Total Risk Alpha of (0.36). 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]

 = 
(0.36)
ER[a] = Expected return on investing in Spire
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Spire
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Spire Total Risk Alpha Peers Comparison

Spire Total Risk Alpha Relative To Other Indicators

Spire Inc is rated 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.
Compare Spire to Peers

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