| PETR3 Stock | | | BRL 39.72 0.29 0.72% |
Petrleo Brasileiro total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Petrleo Brasileiro SA 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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Petrleo Brasileiro SA has current Total Risk Alpha of 0.0086. 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] |
| = | 0.0086 | |
| ER[a] | = | Expected return on investing in Petrleo Brasileiro |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Petrleo Brasileiro |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Petrleo Brasileiro Total Risk Alpha Peers Comparison
Petrleo Total Risk Alpha Relative To Other Indicators
Petrleo Brasileiro SA is regarded
third in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
1,304 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Petrleo Brasileiro SA is roughly
1,304 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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