| ETHC Etf | | | 14.55 0.67 4.83% |
21Shares Ethereum total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for 21Shares Ethereum Core 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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21Shares Ethereum Core has current Total Risk Alpha of 0.2365. 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] |
| = | 0.2365 | |
| ER[a] | = | Expected return on investing in 21Shares Ethereum |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on 21Shares Ethereum |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
21Shares Ethereum Total Risk Alpha Peers Comparison
21Shares Total Risk Alpha Relative To Other Indicators
21Shares Ethereum Core is one of the top ETFs in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
90.14 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for 21Shares Ethereum Core is roughly
90.14 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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