| CQLI Etf | | | 20.27 0.22 1.10% |
CIBC Qx total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for CIBC Qx International 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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CIBC Qx International has current Total Risk Alpha of 0.0649. 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] |
| = | 0.0649 | |
| ER[a] | = | Expected return on investing in CIBC Qx |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CIBC Qx |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CIBC Qx Total Risk Alpha Peers Comparison
CIBC Total Risk Alpha Relative To Other Indicators
CIBC Qx International is
fourth largest ETF in total risk alpha as compared to similar ETFs. It is
second largest ETF in maximum drawdown as compared to similar ETFs reporting about
205.00 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CIBC Qx International is roughly
205.00 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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