Invesco DWA Total Risk Alpha
| DWAS Etf | | | USD 96.07 0.12 0.13% |
Reference data associated with the Total Risk Alpha technical indicator for Invesco DWA SmallCap. Some instruments may provide partial coverage depending on trading history.
Invesco DWA SmallCap has current Total Risk Alpha of 0.0719. 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] |
| = | 0.0719 | |
| ER[a] | = | Expected return on investing in Invesco DWA |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco DWA |
| 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
Invesco DWA SmallCap is rated
below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
107.22 of Maximum Drawdown per Total Risk Alpha. For Invesco DWA SmallCap, Maximum Drawdown stands at
107.22 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Invesco DWA to Peers
Other Technical Indicators