Innovator SAMPP Total Risk Alpha
| BJUN Etf | | | USD 46.87 -0.05 -0.11% |
Reference data associated with the Total Risk Alpha technical indicator for Innovator SAMPP 500. Coverage may vary across instruments due to feed availability.
Innovator SAMPP 500 has current Total Risk Alpha of 0.0214. 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] |
| = | 0.0214 | |
| ER[a] | = | Expected return on investing in Innovator SAMPP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Innovator SAMPP |
| 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
Innovator SAMPP 500 is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
86.72 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Innovator SAMPP 500 sits at
86.72 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Innovator SAMPP to Peers
Other Technical Indicators