Ea Bridgeway Total Risk Alpha
| BBLU ETF | | | USD 16.15 -0.03 -0.19% |
Total Risk Alpha measures the excess return of an asset after comparing its performance to a benchmark portfolio matched to the same total risk level. Unlike Jensen Alpha, which adjusts for systematic risk (beta) only, Total Risk Alpha accounts for total volatility. Below is Ea Bridgeway's current Total Risk Alpha with peer comparisons and related risk metrics.
Current Total Risk Alpha Value
A Total Risk Alpha of 0.0872 for Ea Bridgeway signals positive alpha — return above what market exposure alone would predict. Ea Bridgeway has generated modest excess return beyond what its systematic risk exposure explains.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0872 | |
| ER[a] | = | Expected return on investing in Ea Bridgeway |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ea Bridgeway |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Among sector peers, Ea Bridgeway's Total Risk Alpha of 0.0872 is above the 0.08 group average. The range runs from -0.0113 (TCW Core Plus) to 0.1694 (Roundhill Ball Metaverse). Ea Bridgeway has generated more excess return relative to its market exposure than the peer group average.
Total Risk Alpha Relative To Other Indicators
The chart below plots Total Risk Alpha against Maximum Drawdown for Ea Bridgeway and its peers. Each point represents one equity — position along the horizontal axis shows Total Risk Alpha while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Total Risk Alpha (
0.09 ) to Maximum Drawdown (
3.47 ) for Ea Bridgeway yields a
39.78 multiple. This indicates Maximum Drawdown substantially exceeds Total Risk Alpha for Ea Bridgeway.
Methodology, Assumptions & Data Sources
Ea Bridgeway's Total Risk Alpha currently stands at 0.0872. The Total Risk Alpha for Ea Bridgeway is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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