Invesco DB Total Risk Alpha
| DBP Etf | | | USD 117.73 -2.54 -2.11% |
Invesco DB total risk alpha lookup summarizes this and related technical indicators for Invesco DB Precious. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Invesco DB has a market cap of 146.69 M. Use
Investing Opportunities to explore allocation context. This includes a position in Invesco DB Precious 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 bureau of labor statistics.
Invesco DB Precious has current Total Risk Alpha of 0.5242. 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] |
| = | 0.5242 | |
| ER[a] | = | Expected return on investing in Invesco DB |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco DB |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Invesco DB Total Risk Alpha Peers Comparison
Invesco Total Risk Alpha Relative To Other Indicators
Invesco DB Precious is ranked
second for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
36.34 against Total Risk Alpha. Maximum Drawdown runs about
36.34 times Total Risk Alpha for Invesco DB Precious
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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