Liberty Global Total Risk Alpha
| LBTYB Stock | | | USD 17.35 0.51 3.03% |
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 Liberty Global's current Total Risk Alpha with peer comparisons and related risk metrics.
Current Total Risk Alpha Value
Liberty Global registers a Total Risk Alpha of 0.994, reflecting positive alpha — return above what market exposure alone would predict. Liberty Global 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] |
| = | 0.994 | |
| ER[a] | = | Expected return on investing in Liberty Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Liberty Global |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Liberty Global's Total Risk Alpha of 0.994 falls above the 0.01 peer average. Values range from -0.5578 (Trump Media Technology) to 0.4917 (Telephone and Data), with wide dispersion across the group. Liberty Global 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 Liberty Global 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.
Liberty Global's Maximum Drawdown of
64.37 runs about
64.76 times its Total Risk Alpha of
0.99 . This indicates Maximum Drawdown substantially exceeds Total Risk Alpha for Liberty Global.
Methodology, Assumptions & Data Sources
Liberty Global's Total Risk Alpha currently stands at 0.994. Liberty Global's Total Risk Alpha is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Liberty Global operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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