Evolve Active Total Risk Alpha

FIXD Etf   18.24  0.14  0.76%   
Evolve Active total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Evolve Active Core 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
  
Evolve Active Core has current Total Risk Alpha of 0.0136. 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]

 = 
0.0136
ER[a] = Expected return on investing in Evolve Active
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Evolve Active
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Evolve Active Total Risk Alpha Peers Comparison

0.01680.01360.05410.2750.0945-19%298%408%-66%100%

Evolve Total Risk Alpha Relative To Other Indicators

Evolve Active Core is rated below average in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  154.83  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Evolve Active Core is roughly  154.83 
JavaScript chart by amCharts 3.21.15EBNK-BQQQT-BEDGEDATA-BLIFE-UBANKFIXD 02468 -0.0500.050.100.150.200.250.30
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Evolve Active to Peers

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