Goldman Sachs Total Risk Alpha
| GINN Etf | | | USD 69.25 0.71 1.04% |
Technical inputs supporting the Total Risk Alpha indicator for Goldman Sachs Innovate are shown here. Additional screening context is available through
Equity Screeners.
Risk vs Return Analysis provides a view into diversified allocation design. All figures are based on reported data and are informational in nature. Goldman Sachs Innovate can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Goldman Sachs Innovate's etf valuation — related indicators include
signals in inflation.
Goldman Sachs Innovate has current Total Risk Alpha of
-0.0007. 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] |
| = | -0.0007 | |
| 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 |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Goldman Sachs Innovate is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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