Amundi Euro Total Risk Alpha
| C051 Etf | | | 44.61 0.01 0.02% |
This technical indicator view for Total Risk Alpha organizes signals for Amundi Euro Stoxx and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Trending Equities to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Amundi Euro Stoxx within the portfolio mix. 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.
Amundi Euro Stoxx has current Total Risk Alpha of 0.0694. 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] |
| = | 0.0694 | |
| ER[a] | = | Expected return on investing in Amundi Euro |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Amundi Euro |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Amundi Euro Total Risk Alpha Peers Comparison
Amundi Total Risk Alpha Relative To Other Indicators
Amundi Euro Stoxx leads all etfs for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near
76.46 . The Maximum Drawdown to Total Risk Alpha ratio for Amundi Euro Stoxx comes in at
76.46 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.