| ICBA Stock | | | EUR 29.40 0.20 0.68% |
ICICI Bank total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for ICICI Bank Limited 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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ICICI Bank Limited has current Total Risk Alpha of 0.0294. 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] |
| = | 0.0294 | |
| ER[a] | = | Expected return on investing in ICICI Bank |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ICICI Bank |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ICICI Bank Total Risk Alpha Peers Comparison
ICICI Total Risk Alpha Relative To Other Indicators
ICICI Bank Limited is rated
below average in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
318.70 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for ICICI Bank Limited is roughly
318.70 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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