First Trust total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for First Trust China 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
First
First Trust China has current Total Risk Alpha of 0.1194. 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]
=
0.1194
ER[a]
=
Expected return on investing in First Trust
ER[b]
=
Expected return on market index or selected benchmark
First Total Risk Alpha Relative To Other Indicators
First Trust China is one of the top ETFs in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about 169.11 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for First Trust China is roughly 169.11
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