PTC Total Risk Alpha
| PTC Stock | | | USD 199.61 2.61 1.32% |
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PTC Inc has current Total Risk Alpha of 0.1096. 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] |
| = | 0.1096 | |
| ER[a] | = | Expected return on investing in PTC |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PTC |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PTC Total Risk Alpha Peers Comparison
PTC Total Risk Alpha Relative To Other Indicators
PTC Inc 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
229.85 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for PTC Inc is roughly
229.85 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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