CI Health Total Risk Alpha
| FHI Etf | | | CAD 10.92 0.03 0.28% |
The Total Risk Alpha technical lookup provides context for CI Health Care and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in CI Health Care 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.
CI Health Care has current Total Risk Alpha of 0.0247. 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] |
| = | 0.0247 | |
| ER[a] | = | Expected return on investing in CI Health |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CI Health |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CI Health Total Risk Alpha Peers Comparison
FHI Total Risk Alpha Relative To Other Indicators
CI Health Care is rated
below average. in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
153.97 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for CI Health Care is roughly
153.97 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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