Wealthsimple North Total Risk Alpha

WSRI Etf  CAD 45.25  0.39  0.87%   
Wealthsimple North total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Wealthsimple North America 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
  
Wealthsimple North America has current Total Risk Alpha of 0.0144. 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]

 = 
0.0144
ER[a] = Expected return on investing in Wealthsimple North
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Wealthsimple North
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Wealthsimple North Total Risk Alpha Peers Comparison

Wealthsimple Total Risk Alpha Relative To Other Indicators

Wealthsimple North America is rated fifth in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  198.41  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Wealthsimple North America is roughly  198.41 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Wealthsimple North to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas