| H4ZN Etf | | | 54.61 0.17 0.31% |
HSBC SP total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for HSBC SP 500 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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HSBC SP 500 has current Total Risk Alpha of 0.1478. 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] |
| = | 0.1478 | |
| ER[a] | = | Expected return on investing in HSBC SP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on HSBC SP |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
HSBC SP Total Risk Alpha Peers Comparison
HSBC Total Risk Alpha Relative To Other Indicators
HSBC SP 500 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
37.94 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for HSBC SP 500 is roughly
37.94 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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