| QUBSF Stock | | | USD 5.40 0.15 2.70% |
Qantas Airways total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Qantas Airways Limited 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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Qantas Airways Limited has current Total Risk Alpha of 0.1817. 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] |
| = | 0.1817 | |
| ER[a] | = | Expected return on investing in Qantas Airways |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Qantas Airways |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Qantas Airways Total Risk Alpha Peers Comparison
Qantas Total Risk Alpha Relative To Other Indicators
Qantas Airways Limited is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
78.36 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Qantas Airways Limited is roughly
78.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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