| ICEAIR Stock | | | ISK 1.33 0.03 2.31% |
Icelandair Group technical analysis lookup allows you to check this and other technical indicators for Icelandair Group hf 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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Icelandair Group hf has current Total Risk Alpha of 0.2008. 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] |
| = | 0.2008 | |
| ER[a] | = | Expected return on investing in Icelandair Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Icelandair Group |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Icelandair Group Total Risk Alpha Peers Comparison
Icelandair Total Risk Alpha Relative To Other Indicators
Icelandair Group hf is currently regarded as number one stock in total risk alpha category among its peers. It is currently under evaluation in downside variance category among its peers reporting about
34.02 of Downside Variance per Total Risk Alpha. The ratio of Downside Variance to Total Risk Alpha for Icelandair Group hf is roughly
34.02 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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