Immatics Biotechnologies Total Risk Alpha

IMTXW Stock  USD 0.41  0.01  2.38%   
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immatics biotechnologies GmbH has current Total Risk Alpha of (3.62). 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]

 = 
(3.62)
ER[a] = Expected return on investing in Immatics Biotechnologies
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Immatics Biotechnologies
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Immatics Biotechnologies Total Risk Alpha Peers Comparison

Immatics Total Risk Alpha Relative To Other Indicators

immatics biotechnologies GmbH is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Immatics Biotechnologies to Peers

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