| TEV Stock | | | EUR 21.20 0.20 0.95% |
Teva Pharmaceutical total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Teva Pharmaceutical Industries 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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Teva Pharmaceutical Industries has current Total Risk Alpha of 0.3564. 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] |
| = | 0.3564 | |
| ER[a] | = | Expected return on investing in Teva Pharmaceutical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Teva Pharmaceutical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Teva Pharmaceutical Total Risk Alpha Peers Comparison
Teva Total Risk Alpha Relative To Other Indicators
Teva Pharmaceutical Industries is rated
second in total risk alpha category among its peers. It is rated
second in maximum drawdown category among its peers reporting about
72.86 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Teva Pharmaceutical Industries is roughly
72.86 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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