Middlefield Equity Total Risk Alpha
| ACZ Etf | | | CAD 22.33 -0.06 -0.27% |
This dataset for Middlefield Equity Dividend reflects inputs used in the Total Risk Alpha calculation. All values reflect available price and volume data across reporting intervals.
Trending Equities provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio balance depends on how holdings are weighted relative to each other. The allocation shows a weighting toward Middlefield Equity Dividend. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Middlefield Equity Dividend has current Total Risk Alpha of 0.1048. 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] |
| = | 0.1048 | |
| ER[a] | = | Expected return on investing in Middlefield Equity |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Middlefield Equity |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Middlefield Equity Dividend lands at
#2 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
73.32 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Middlefield Equity Dividend sits at
73.32 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Middlefield Equity to Peers
Other Technical Indicators