Fubon NASDAQ Total Risk Alpha

00671R Etf  TWD 3.45  0.03  0.88%   
Fubon NASDAQ total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fubon NASDAQ 100 1X 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
  
Fubon NASDAQ 100 1X has current Total Risk Alpha of (0.35). 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]

 = 
(0.35)
ER[a] = Expected return on investing in Fubon NASDAQ
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Fubon NASDAQ
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Fubon NASDAQ Total Risk Alpha Peers Comparison

Fubon Total Risk Alpha Relative To Other Indicators

Fubon NASDAQ 100 1X is rated below average in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Fubon NASDAQ 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