| RC8 Stock | | | EUR 223.70 3.45 1.52% |
Royal Caribbean total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Royal Caribbean Group 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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Royal Caribbean Group has current Total Risk Alpha of 0.4243. 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] |
| = | 0.4243 | |
| ER[a] | = | Expected return on investing in Royal Caribbean |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Royal Caribbean |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Royal Caribbean Total Risk Alpha Peers Comparison
Royal Total Risk Alpha Relative To Other Indicators
Royal Caribbean Group 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
26.73 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Royal Caribbean Group is roughly
26.73 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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