Bombardier Total Risk Alpha

BBD-B Stock  CAD 79.03  1.03  1.32%   
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Bombardier has current Total Risk Alpha of 0.1198. 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]

 = 
0.1198
ER[a] = Expected return on investing in Bombardier
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Bombardier
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Bombardier Total Risk Alpha Peers Comparison

1.560.12-0.410.050.09100%

Bombardier Total Risk Alpha Relative To Other Indicators

Bombardier is rated second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  116.26  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Bombardier is roughly  116.26 
JavaScript chart by amCharts 3.21.15BBMFCSUACBBD-B 05101520253035 -0.500.51.01.5
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Bombardier to Peers

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