Essentra Plc Total Risk Alpha

HOF Stock  EUR 1.73  0.02  1.14%   
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Essentra plc has current Total Risk Alpha of (0.69). 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]

 = 
(0.69)
ER[a] = Expected return on investing in Essentra Plc
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Essentra Plc
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Essentra Plc Total Risk Alpha Peers Comparison

Essentra Total Risk Alpha Relative To Other Indicators

Essentra plc is rated # 2 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Essentra Plc to Peers

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