| ORCL Stock | | | USD 192.44 1.69 0.89% |
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Oracle has current Total Risk Alpha of 0.2593. 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] |
| = | 0.2593 | |
| ER[a] | = | Expected return on investing in Oracle |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Oracle |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Oracle Total Risk Alpha Peers Comparison
Oracle Total Risk Alpha Relative To Other Indicators
Oracle is regarded
second in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
58.94 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Oracle is roughly
58.94 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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