| 476810 Etf | | | 10,380 10.00 0.1% |
476810 total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for 476810 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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476810 has current Total Risk Alpha of 0.0046. 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] |
| = | 0.0046 | |
| ER[a] | = | Expected return on investing in 476810 |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on 476810 |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
476810 Total Risk Alpha Peers Comparison
476810 Total Risk Alpha Relative To Other Indicators
476810 is
third largest ETF in total risk alpha as compared to similar ETFs. It is rated
below average in maximum drawdown as compared to similar ETFs reporting about
52.50 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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