| RCEL Stock | | | USD 13.23 0.02 0.15% |
Avita Medical total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Avita Medical 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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Avita Medical has current Total Risk Alpha of 0.1002. 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] |
| = | 0.1002 | |
| ER[a] | = | Expected return on investing in Avita Medical |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Avita Medical |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Avita Medical Total Risk Alpha Peers Comparison
Avita Total Risk Alpha Relative To Other Indicators
Avita Medical is currently regarded as top stock in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
134.28 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Avita Medical is roughly
134.28 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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