SPDR Bloomberg Total Risk Alpha
| EBND Etf | | | USD 20.70 -0.20 -0.96% |
This technical indicator view for Total Risk Alpha organizes signals for SPDR Bloomberg Emerging and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Investing Opportunities to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in SPDR Bloomberg Emerging within the portfolio 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.
SPDR Bloomberg Emerging has current Total Risk Alpha of 0.0011. 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] |
| = | 0.0011 | |
| ER[a] | = | Expected return on investing in SPDR Bloomberg |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on SPDR Bloomberg |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
SPDR Bloomberg Total Risk Alpha Peers Comparison
SPDR Total Risk Alpha Relative To Other Indicators
SPDR Bloomberg Emerging is rated
below average for total risk alpha among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Total Risk Alpha ratio near
2,236 . The Maximum Drawdown to Total Risk Alpha ratio for SPDR Bloomberg Emerging comes in at
2,236 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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