| TVTX Stock | | | USD 19.38 0.19 0.97% |
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Travere Therapeutics has current Total Risk Alpha of 0.5341. 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] |
| = | 0.5341 | |
| ER[a] | = | Expected return on investing in Travere Therapeutics |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Travere Therapeutics |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Travere Therapeutics Total Risk Alpha Peers Comparison
Travere Total Risk Alpha Relative To Other Indicators
Travere Therapeutics is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in downside variance category among its peers reporting about
12.98 of Downside Variance per Total Risk Alpha. The ratio of Downside Variance to Total Risk Alpha for Travere Therapeutics is roughly
12.98 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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