IShares JP Total Risk Alpha
| CEMB Etf | | | USD 45.11 -0.31 -0.68% |
Observed values used in the Total Risk Alpha indicator for iShares JP Morgan are included in this dataset. The information is based on observed market data across timeframes. Data coverage may vary across sources and reporting intervals. Use
Trending Equities to explore diversified allocation structure. Understanding allocation structure supports portfolio context. A position in iShares JP Morgan is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in state.
iShares JP Morgan has current Total Risk Alpha of 0.0045. 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] |
| = | 0.0045 | |
| ER[a] | = | Expected return on investing in IShares JP |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IShares JP |
| 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 JP Morgan is rated
below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
190.51 of Maximum Drawdown per Total Risk Alpha. At
190.51 , iShares JP Morgan's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IShares JP to Peers
Other Technical Indicators