Goldman Sachs Total Risk Alpha
| GGUS Etf | | | 59.48 -0.59 -0.98% |
The Total Risk Alpha lookup presents technical context for Goldman Sachs ETF and related instruments. Some instruments may have limited coverage due to data differences;
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Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. The allocation includes a position in Goldman Sachs ETF across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Goldman Sachs ETF has current Total Risk Alpha of
-0.07. 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] |
| = | -0.07 | |
| ER[a] | = | Expected return on investing in Goldman Sachs |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Goldman Sachs |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Goldman Sachs Total Risk Alpha Peers Comparison
Goldman Total Risk Alpha Relative To Other Indicators
Goldman Sachs ETF is rated
below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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