| EGHT Stock | | | USD 2.94 0.03 1.01% |
8x8 Common total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for 8x8 Common Stock 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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8x8 Common Stock has current Total Risk Alpha of 0.2219. 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] |
| = | 0.2219 | |
| ER[a] | = | Expected return on investing in 8x8 Common |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on 8x8 Common |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
8x8 Common Total Risk Alpha Peers Comparison
8x8 Total Risk Alpha Relative To Other Indicators
8x8 Common Stock is one of the top stocks in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
154.30 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for 8x8 Common Stock is roughly
154.30 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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