Bank of AmericaPFD SER B total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Bank of America 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 Equity Screeners to view more equity screening tools
Bank
Bank of America has current Total Risk Alpha of 0.9913. 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]
=
0.9913
ER[a]
=
Expected return on investing in Bank of AmericaPFD SER B
ER[b]
=
Expected return on market index or selected benchmark
Bank of AmericaPFD SER B Total Risk Alpha Peers Comparison
Bank Total Risk Alpha Relative To Other Indicators
Bank of America is number one stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about 93.00 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bank of America is roughly 93.00
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