Franklin FTSE Total Risk Alpha
| FLKR Etf | | | USD 40.79 -2.88 -6.59% |
Technical inputs supporting the Total Risk Alpha indicator for Franklin FTSE South are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments. Use
Investing Opportunities to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Position sizing and allocation together define the portfolio construction approach. The allocation shows a weighting toward Franklin FTSE South. The position is captured in the allocation summary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Franklin FTSE South has current Total Risk Alpha of 0.8666. 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] |
| = | 0.8666 | |
| ER[a] | = | Expected return on investing in Franklin FTSE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin FTSE |
| 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 FTSE South outranks all peers for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
17.37 against Total Risk Alpha. Maximum Drawdown runs about
17.37 times Total Risk Alpha for Franklin FTSE South
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Franklin FTSE to Peers
Other Technical Indicators