| NGL Stock | | | USD 4.72 0.10 2.07% |
NGL Energy total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for NGL Energy Partners 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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NGL Energy Partners has current Total Risk Alpha of
(0.20). 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] |
| = | (0.20) | |
| ER[a] | = | Expected return on investing in NGL Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NGL Energy |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NGL Energy Total Risk Alpha Peers Comparison
NGL Total Risk Alpha Relative To Other Indicators
NGL Energy Partners is rated
below average 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.
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