| ILT Stock | | | EUR 250.00 0.80 0.32% |
Illinois Tool total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Illinois Tool Works 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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Illinois Tool Works has current Total Risk Alpha of 0.1167. 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] |
| = | 0.1167 | |
| ER[a] | = | Expected return on investing in Illinois Tool |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Illinois Tool |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Illinois Tool Total Risk Alpha Peers Comparison
Illinois Total Risk Alpha Relative To Other Indicators
Illinois Tool Works is rated
fifth overall in total risk alpha category among its peers. It is rated
below average in maximum drawdown category among its peers reporting about
37.57 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Illinois Tool Works is roughly
37.57 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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