| NRA Stock | | | EUR 87.86 0.64 0.72% |
NRG Energy total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for NRG Energy 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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NRG Energy has current Total Risk Alpha of 0.1284. 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] |
| = | 0.1284 | |
| ER[a] | = | Expected return on investing in NRG Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on NRG Energy |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
NRG Energy Total Risk Alpha Peers Comparison
NRG Total Risk Alpha Relative To Other Indicators
NRG Energy is regarded
second in total risk alpha category among its peers. It is regarded
fifth in maximum drawdown category among its peers reporting about
82.91 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for NRG Energy is roughly
82.91 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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