| 379800 Etf | | | 19,720 15.00 0.08% |
KODEX SP500TR total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for KODEX SP500TR 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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KODEX SP500TR has current Total Risk Alpha of 0.169. 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] |
| = | 0.169 | |
| ER[a] | = | Expected return on investing in KODEX SP500TR |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on KODEX SP500TR |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
KODEX SP500TR Total Risk Alpha Peers Comparison
KODEX Total Risk Alpha Relative To Other Indicators
KODEX SP500TR is
third largest ETF in total risk alpha as compared to similar ETFs. It is rated
below average in maximum drawdown as compared to similar ETFs reporting about
35.02 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for KODEX SP500TR is roughly
35.02 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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