Enel SpA total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Enel SpA 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
Enel
Enel SpA has current Total Risk Alpha of 0.119. 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]
=
0.119
ER[a]
=
Expected return on investing in Enel SpA
ER[b]
=
Expected return on market index or selected benchmark
Enel Total Risk Alpha Relative To Other Indicators
Enel SpA is rated # 4 in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about 111.32 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Enel SpA is roughly 111.32
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