IShares SAMPPTSX Total Risk Alpha
| CDZ Etf | | | CAD 43.20 0.17 0.40% |
Reference data associated with the Total Risk Alpha technical indicator for iShares SAMPPTSX Canadian. Indicator values reflect available price and volume data where applicable.
iShares SAMPPTSX Canadian has current Total Risk Alpha of 0.0811. 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] |
| = | 0.0811 | |
| ER[a] | = | Expected return on investing in IShares SAMPPTSX |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IShares SAMPPTSX |
| 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 SAMPPTSX Canadian is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
55.49 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for iShares SAMPPTSX Canadian sits at
55.49 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IShares SAMPPTSX to Peers
Other Technical Indicators