Mueller Industries Total Risk Alpha

MUD Stock  EUR 75.50  0.50  0.67%   
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Mueller Industries has current Total Risk Alpha of 0.2133. 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]

 = 
0.2133
ER[a] = Expected return on investing in Mueller Industries
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Mueller Industries
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Mueller Industries Total Risk Alpha Peers Comparison

Mueller Total Risk Alpha Relative To Other Indicators

Mueller Industries is regarded third in total risk alpha category among its peers. It is regarded second in maximum drawdown category among its peers reporting about  119.56  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mueller Industries is roughly  119.56 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Mueller Industries to Peers

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