Franklin Templeton Total Risk Alpha
| DIEM Etf | | | USD 34.79 0.00 0.00% |
Observed values used in the Total Risk Alpha indicator for Franklin Templeton ETF are included in this dataset. For broader technical screening across instruments, see
Equity Screeners.
Investing Opportunities provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. A position in Franklin Templeton ETF 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 unemployment.
Franklin Templeton ETF has current Total Risk Alpha of 0.2426. 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] |
| = | 0.2426 | |
| ER[a] | = | Expected return on investing in Franklin Templeton |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin Templeton |
| 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
Franklin Templeton ETF lands at
#3 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
26.95 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Franklin Templeton ETF sits at
26.95 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Franklin Templeton to Peers
Other Technical Indicators