CI Gold Total Risk Alpha
| CGXF Etf | | | CAD 23.18 0.03 0.13% |
This technical indicator view for Total Risk Alpha organizes signals for CI Gold Giants and comparable instruments. Data availability can vary by region and feed;
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Trending Equities to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in CI Gold Giants inside the allocation 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.
CI Gold Giants has current Total Risk Alpha of 0.2839. 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] |
| = | 0.2839 | |
| ER[a] | = | Expected return on investing in CI Gold |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CI Gold |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CI Gold Total Risk Alpha Peers Comparison
CGXF Total Risk Alpha Relative To Other Indicators
CI Gold Giants ranks as the leading etf in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
52.45 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CI Gold Giants is roughly
52.45 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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