| HEI Stock | | | EUR 123.50 1.50 1.20% |
Heidelberg Materials total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Heidelberg Materials AG 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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Heidelberg Materials AG has current Total Risk Alpha of 0.2901. 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] |
| = | 0.2901 | |
| ER[a] | = | Expected return on investing in Heidelberg Materials |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Heidelberg Materials |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Heidelberg Materials Total Risk Alpha Peers Comparison
Heidelberg Total Risk Alpha Relative To Other Indicators
Heidelberg Materials AG is rated
# 2 in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
30.77 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Heidelberg Materials AG is roughly
30.77 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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