| 456680 Etf | | | 6,085 115.00 1.85% |
456680 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for 456680 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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456680 has current Total Risk Alpha of 0.8193. 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] |
| = | 0.8193 | |
| ER[a] | = | Expected return on investing in 456680 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on 456680 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
456680 Total Risk Alpha Peers Comparison
456680 Total Risk Alpha Relative To Other Indicators
456680 is
second largest ETF in total risk alpha as compared to similar ETFs. It is the top ETF in maximum drawdown as compared to similar ETFs reporting about
37.38 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for 456680 is roughly
37.38 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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