Xtrackers Harvest Total Risk Alpha
Observed values used in the Total Risk Alpha indicator for Xtrackers Harvest CSI are included in this dataset. For portfolio construction context, review
Trending Equities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
Xtrackers Harvest CSI has current Total Risk Alpha of 0. 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 | |
| ER[a] | = | Expected return on investing in Xtrackers Harvest |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Xtrackers Harvest |
| 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
Xtrackers Harvest CSI is rated
below average for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.