| STX40 Etf | | | 7,651 21.00 0.27% |
Satrix 40 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Satrix 40 ETF 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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Satrix 40 ETF has current Total Risk Alpha of 0.002. 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] |
| = | 0.002 | |
| ER[a] | = | Expected return on investing in Satrix 40 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Satrix 40 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Satrix 40 Total Risk Alpha Peers Comparison
Satrix Total Risk Alpha Relative To Other Indicators
Satrix 40 ETF is rated
below average in total risk alpha as compared to similar ETFs. It is rated
below average in maximum drawdown as compared to similar ETFs reporting about
1,776 of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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