IShares Core Total Risk Alpha

AOM Etf  USD 47.45  0.58  1.24%   
Observed values used in the Total Risk Alpha indicator for iShares Core Moderate are included in this dataset. For broader technical screening across instruments, see Equity Screeners. For portfolio construction context, review Trending Equities. Diversification context helps frame allocation across holdings. This suggests a position in iShares Core Moderate. This appears in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
iShares Core Moderate has current Total Risk Alpha of 0.0217. 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]

 = 
0.0217
ER[a] = Expected return on investing in IShares Core
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares Core
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

iShares Core Moderate is rated below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 88.06 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for iShares Core Moderate sits at 88.06
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares Core to Peers

Other Technical Indicators