| DIVS Etf | | | CAD 16.21 0.01 0.06% |
Evolve Active total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Evolve Active Canadian 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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Evolve Active Canadian has current Total Risk Alpha of 0.0035. 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] |
| = | 0.0035 | |
| ER[a] | = | Expected return on investing in Evolve Active |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Evolve Active |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Evolve Active Total Risk Alpha Peers Comparison
Evolve Total Risk Alpha Relative To Other Indicators
Evolve Active Canadian is rated
# 3 ETF in total risk alpha as compared to similar ETFs. It is rated
# 4 ETF in maximum drawdown as compared to similar ETFs reporting about
358.14 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Evolve Active Canadian is roughly
358.14 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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