2Seventy Bio Total Risk Alpha

TSVT Stock  USD 3.73  0.22  5.57%   
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2Seventy Bio has current Total Risk Alpha of (0.91). 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]

 = 
(0.91)
ER[a] = Expected return on investing in 2Seventy Bio
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on 2Seventy Bio
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

2Seventy Bio Total Risk Alpha Peers Comparison

2Seventy Total Risk Alpha Relative To Other Indicators

2Seventy Bio is rated below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare 2Seventy Bio to Peers

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