Snam SpA Total Risk Alpha | SNMRY Pink Sheet

Snam SpA Total Risk Alpha

SNMRY Stock  USD 8.69  0.11  1.25%   
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Snam SpA ADR has current Total Risk Alpha of (0.27). 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]

 = 
(0.27)
ER[a] = Expected return on investing in Snam SpA
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Snam SpA
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Snam SpA Total Risk Alpha Peers Comparison

6.05-0.27-0.61-0.38-0.03100%

Snam Total Risk Alpha Relative To Other Indicators

Snam SpA ADR is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
JavaScript chart by amCharts 3.21.15BJGBFNISRNWNNJRCPKSNMRY 0100200300400500600700 0123456
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Snam SpA to Peers

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