| SWRD Etf | | | EUR 38.52 0.24 0.62% |
SSGA SPDR total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for SSGA SPDR ETFS 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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SSGA SPDR ETFS has current Total Risk Alpha of 0.0679. 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] |
| = | 0.0679 | |
| ER[a] | = | Expected return on investing in SSGA SPDR |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SSGA SPDR |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SSGA SPDR Total Risk Alpha Peers Comparison
SSGA Total Risk Alpha Relative To Other Indicators
SSGA SPDR ETFS is rated
second largest ETF in total risk alpha as compared to similar ETFs. It is rated
third largest ETF in maximum drawdown as compared to similar ETFs reporting about
65.28 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SSGA SPDR ETFS is roughly
65.28 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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