Ansys Total Risk Alpha

ANSS
 Stock
  

USD 279.99  3.73  1.31%   

Ansys total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Ansys Inc 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 Equity Screeners to view more equity screening tools
  
Ansys Inc has current Total Risk Alpha of 0.0436. 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] 
 = 
0.0436
ER[a] = Expected return on investing in Ansys
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Ansys
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Ansys Total Risk Alpha Peers Comparison

Ansys Total Risk Alpha Relative To Other Indicators

Ansys Inc is rated third in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  240.93  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Ansys Inc is roughly  240.93 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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