| GLODIV Etf | | | 2,017 14.00 0.69% |
CoreShares total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for CoreShares SP Global 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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CoreShares SP Global has current Total Risk Alpha of 0.0531. 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] |
| = | 0.0531 | |
| ER[a] | = | Expected return on investing in CoreShares |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CoreShares |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CoreShares Total Risk Alpha Peers Comparison
CoreShares Total Risk Alpha Relative To Other Indicators
CoreShares SP Global is rated
# 2 ETF in total risk alpha as compared to similar ETFs. It is one of the top ETFs in maximum drawdown as compared to similar ETFs reporting about
103.70 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CoreShares SP Global is roughly
103.70 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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