Franklin Canadian Total Risk Alpha
| FLSD Etf | | | CAD 19.22 0.03 0.16% |
Observed values used in the Total Risk Alpha indicator for Franklin Canadian Short are included in this dataset. Data coverage may vary across sources and reporting intervals. Diversification context is available through
Investing Opportunities. Diversification context helps frame allocation across holdings. Tracking Franklin Canadian Short in a portfolio helps measure its contribution to overall performance. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Franklin Canadian Short's etf valuation — related indicators include
signals in inflation.
Franklin Canadian Short has current Total Risk Alpha of 2.0E-4. 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] |
| = | 2.0E-4 | |
| ER[a] | = | Expected return on investing in Franklin Canadian |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin Canadian |
| 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 Canadian Short is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3,882 in Maximum Drawdown for each unit of Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Franklin Canadian to Peers
Other Technical Indicators