| PNQI Etf | | | USD 48.06 0.18 0.37% |
Invesco NASDAQ total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Invesco NASDAQ Internet 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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Invesco NASDAQ Internet has current Total Risk Alpha of 0.0984. 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] |
| = | 0.0984 | |
| ER[a] | = | Expected return on investing in Invesco NASDAQ |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco NASDAQ |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Invesco NASDAQ Total Risk Alpha Peers Comparison
Invesco Total Risk Alpha Relative To Other Indicators
Invesco NASDAQ Internet is regarded
second largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
62.51 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Invesco NASDAQ Internet is roughly
62.51 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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