10X GENOMICS Total Risk Alpha vs. Potential Upside

1KJ Stock  EUR 12.61  0.07  0.56%   
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10X GENOMICS DL has current Total Risk Alpha of (0.75). 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]

 = 
(0.75)
ER[a] = Expected return on investing in 10X GENOMICS
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on 10X GENOMICS
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

10X GENOMICS Total Risk Alpha Peers Comparison

10X Total Risk Alpha Relative To Other Indicators

10X GENOMICS DL is rated below average in total risk alpha category among its peers. It is rated below average in potential upside category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare 10X GENOMICS to Peers

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