| ITRN Stock | | | USD 28.98 0.48 1.68% |
Ituran Location total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Ituran Location and 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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Ituran Location and has current Total Risk Alpha of
(0.16). 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] |
| = | (0.16) | |
| ER[a] | = | Expected return on investing in Ituran Location |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Ituran Location |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Ituran Location Total Risk Alpha Peers Comparison
Ituran Total Risk Alpha Relative To Other Indicators
Ituran Location and is currently regarded as number one stock 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.
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