| BTSG Stock | | | 21.55 0.36 1.70% |
BrightSpring Health technical analysis lookup allows you to check this and other technical indicators for BrightSpring Health Services, 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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BrightSpring Health Services, has current Total Risk Alpha of 0.4442. 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] |
| = | 0.4442 | |
| ER[a] | = | Expected return on investing in BrightSpring Health |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on BrightSpring Health |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BrightSpring Health Total Risk Alpha Peers Comparison
BrightSpring Total Risk Alpha Relative To Other Indicators
BrightSpring Health Services, is rated
third in total risk alpha category among its peers. It is currently under evaluation in kurtosis category among its peers making up about
16.66 of Kurtosis per Total Risk Alpha. The ratio of Kurtosis to Total Risk Alpha for BrightSpring Health Services, is roughly
16.66 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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