Perrigo Total Risk Alpha

PRGO
 Stock
  

USD 39.63  2.21  5.28%   

Perrigo total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Perrigo Company 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
  
Perrigo Company has current Total Risk Alpha of 0.1358. 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] 
 = 
0.1358
ER[a] = Expected return on investing in Perrigo
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Perrigo
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Perrigo Total Risk Alpha Peers Comparison

Perrigo Total Risk Alpha Relative To Other Indicators

Perrigo Company is regarded fourth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  57.45  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Perrigo Company is roughly  57.45 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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