Southwest Airlines Total Risk Alpha

LUV Stock  USD 29.19  0.08  0.27%   
Southwest Airlines total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Southwest Airlines 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 Equity Screeners to view more equity screening tools
  
Southwest Airlines has current Total Risk Alpha of (0.58). 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]

 = 
(0.58)
ER[a] = Expected return on investing in Southwest Airlines
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Southwest Airlines
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Southwest Airlines Total Risk Alpha Peers Comparison

Southwest Total Risk Alpha Relative To Other Indicators

Southwest Airlines is rated below average in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Southwest Airlines to Peers

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