Taskus Total Risk Alpha
| TASK Stock | | | USD 6.37 -0.31 -4.64% |
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 Taskus's current Total Risk Alpha with peer comparisons and related risk metrics.
Current Total Risk Alpha Value
Taskus registers a Total Risk Alpha of
-0.12, reflecting slightly negative alpha — return marginally below the CAPM-predicted level. Taskus has slightly underperformed relative to what its market beta would imply.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.12 | |
| ER[a] | = | Expected return on investing in Taskus |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Taskus |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
The peer group averages 46.42 for Total Risk Alpha, with Taskus at -0.1212 falling below that level. Readings span -0.1047 (Netskope Class A) to 463.02 (Magic Software Enterprises). Taskus has generated less 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 Taskus 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.
Compare Taskus to PeersMethodology, Assumptions & Data Sources
The current Total Risk Alpha for Taskus is -0.12. The Total Risk Alpha for Taskus is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Taskus operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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