IShares MSCI Total Risk Alpha

EIS Etf  USD 119.00  -0.20  -0.17%   
The Total Risk Alpha indicator for IShares MSCI is constructed from normalized market data. Related indicator context is organized within Equity Screeners. IShares MSCI has a market cap of 156.37 M. See Investing Opportunities for portfolio-level analysis. iShares MSCI Israel can be tracked within a custom portfolio for ongoing monitoring. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence iShares MSCI Israel's etf valuation — related indicators include signals in gross domestic product.
iShares MSCI Israel has current Total Risk Alpha of 0.2449. 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]

 = 
0.2449
ER[a] = Expected return on investing in IShares MSCI
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares MSCI
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

iShares MSCI Israel maintains a second standing in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 33.13 of Maximum Drawdown per Total Risk Alpha. For iShares MSCI Israel, Maximum Drawdown stands at 33.13 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares MSCI to Peers

Other Technical Indicators