Leverage Shares Total Risk Alpha
Observed values used in the Total Risk Alpha indicator for Leverage Shares 2X are included in this dataset. Market data gaps can influence the computed indicator values.
Trending Equities provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Leverage Shares 2X can be evaluated within a portfolio framework for weight and risk impact. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Leverage Shares 2X's etf valuation — related indicators include
signals in discontinued.
Leverage Shares 2X has current Total Risk Alpha of 2.19. 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] |
| = | 2.19 | |
| ER[a] | = | Expected return on investing in Leverage Shares |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Leverage Shares |
| 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
Leverage Shares 2X holds the top spot in total risk alpha relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
36.99 Maximum Drawdown per unit of Total Risk Alpha. Leverage Shares 2X carries a
36.99 x Maximum Drawdown-to-Total Risk Alpha ratio
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Leverage Shares to Peers
Other Technical Indicators