WEG SA Total Risk Alpha

WEGE3 Stock  BRL 47.85  4.55  8.68%   
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WEG SA has current Total Risk Alpha of (0.14). 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]

 = 
(0.14)
ER[a] = Expected return on investing in WEG SA
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on WEG SA
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

WEG SA Total Risk Alpha Peers Comparison

-0.0186-0.1428-0.2263-0.18670.0225100%

WEG Total Risk Alpha Relative To Other Indicators

WEG SA is rated fourth in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
JavaScript chart by amCharts 3.21.15B3SA3ABEV3EGIE3MGLU3FLRY3WEGE3 051015 -0.25-0.20-0.15-0.10-0.0500.050.100.15
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare WEG SA to Peers

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