| QQQX Etf | | | USD 26.41 0.30 1.15% |
Nuveen NASDAQ total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Nuveen NASDAQ 100 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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Nuveen NASDAQ 100 has current Total Risk Alpha of 0.0844. 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] |
| = | 0.0844 | |
| ER[a] | = | Expected return on investing in Nuveen NASDAQ |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nuveen NASDAQ |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Nuveen NASDAQ Total Risk Alpha Peers Comparison
Nuveen Total Risk Alpha Relative To Other Indicators
Nuveen NASDAQ 100 is rated
fifth largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
47.36 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Nuveen NASDAQ 100 is roughly
47.36 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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