Main Buywrite Total Risk Alpha

BUYW Etf  USD 14.02  -0.07  -0.50%   
The Total Risk Alpha profile for Main Buywrite ETF is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. The Equity Screeners framework provides wider technical analysis context. Trending Equities provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Diversification analysis considers the interaction of positions within a portfolio. This view summarizes available data without implying outcomes. The holding in Main Buywrite ETF represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. All figures are presented for informational review and are not prescriptive. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in private.
Main Buywrite ETF has current Total Risk Alpha of 0.0215. 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]

 = 
0.0215
ER[a] = Expected return on investing in Main Buywrite
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Main Buywrite
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

Main Buywrite ETF is rated below average for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a 68.75 ratio of Maximum Drawdown to Total Risk Alpha. Main Buywrite ETF's Maximum Drawdown exceeds Total Risk Alpha by a factor of 68.75
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Main Buywrite to Peers

Other Technical Indicators